Month: August 2014

A USDA loan (also called a Rural Development Loan) is a government insured home loan that allows you purchase a home with NO Money Down. USDA Home Loans offer 100%

There are only a few requirements you have to meet in order to be eligible for a USDA home loan. The first is that the home must be located in

The USDA home loan is a fantastic loan program that has been around for decades helping those with lower income to accomplish the American dream of home ownership.   Whether you

When looking into a home purchase the USDA Home loan program is a great option as it is intended to help individuals get into a home without having to put

Among the many reasons to choose Society Mortgage to handle your mortgage, the top reasons for consideration are the excellent customer service provided through teamwork and excellent communication provided to

When you are faced with the opportunity to purchase a home, it’s very common to have a lot of questions. You can research endless websites, go to the library or

USDA considers a property new construction if the dwelling has been built within 12 months and has never been occupied. There are 2 major requirements that must be met for

USDA is a loan program that serves a fraction of the U.S. housing market and most banks don’t offer this program. However, many rural and suburban home buyers can use

When trying to determine whether to refinance, personal factors should play a role in your decision. It is generally not advisable to refinance if you plan on being in the

Do I need both?  Home appraisals tell you how much a home is worth, and a home inspection tells you why you might not want to buy it, regardless of

Purchasing a home, especially for the first time can be intimidating to most people. They say that it is the largest purchase any one will make throughout their life time.

    The Real Estate Settlement Procedures Act (RESPA) is an act passed by Congress in 1974.  It was designed to protect potential homeowners and enable them to become more

The USDA Home Loan helps a variety of people from all walks of life.  It’s a government loan that is 100% financed which allows buyers who may be in tough

The USDA Loan is a no down payment loan, put in place to populate the rural areas of the United States. The property cannot produce income, for example, it cannot

So you want a USDA loan but like most people you’re unsure exactly what this loan is, lets dig into that a little bit. Much like FHA and VA the