UTAH LUXURY HOMES
www.HotHomesofStGeorge.com
3143 South 840 East
Suite #100
St. George, Utah 84790
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Utah Luxury homes

Utah Luxury homes

Articles  >>  Is 100% Financing Still Available?

Is 100% Financing still possible??

100% financing is still very much possible, even right now during the difficult mortgage market.  Perhaps the most competitive product on the market right now for 100% financing is the USDA Rural Housing product. 

This is a government product that functions very similarly to an FHA loan but the key to this loan is that unlike FHA, THERE IS NO MORTGAGE INSURANCE.  Additionally, FHA requires that you make a down payment of approximately 3% of the purchase price.  The USDA Rural Housing loan requires no down payment and rates are virtually identical to any other government loan.  If purchasing a home in any rural area outside of St. George and Washington the rural housing program simply cannot be beat.  In summary, with no down payment required, no mortgage insurance, and rates identical to other government and conventional loan products, the rural housing loan is an incredibly attractive product.

Please feel free to contact us if you'd like to know more about this, or any other mortgage products that might be available.  Allow us to give you some financing and mortgage options, with absolutely no obligations. 

 

If you have any questions regarding Real Estate in Southern Utah, or Real Estate in St. George Utah, Ivins Utah, Santa Clara Utah, Hurricane Utah or Washington Utah, please feel free to call us at 435-862-3303 or e-mail us @ HotHomesofSTG@aol.com


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