Big Lake TX USDA Loans
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
Surrounding Big Lake area is a prime area for 100% financing on a home loan. Big Lake, Texas buyers can get 100% financing on new home purchases in close by areas.This 100% program is truly not just for rural housing but for most of the geographic areas surrounding Big Lake, Texas qualifies for: - 100% Financing Available- Small Monthly Mortgage Insurance (.30% of loan amount per year)- Interest Rates are still very competitive compared to Conventional and FHA. The biggest benefit is no down payment to a USDA loan- true 100% financing- with long term, 30 year fixed rate loans. Low MI (mortgage insurance) compare it to FHA and Conventional and see the savings! Let's take a look at qualifying requirements for a USDA home loan: There are some geographic areas that do not allow for USDA loa...