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Tag: USDA

Why a Home Renovation Loan May Be Right For You

If you are looking for a home, a home renovation loan may be a better choice and also more cost-efficient than buying a home that is turnkey ready. A home renovation loan is a mortgage in which the cost of repairs are rolled into the loan itself.
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What is a USDA Loan – Do You Qualify

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%
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Am I Eligible For A USDA Home Loan?

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
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How to Get USDA Home Loans in South Carolina

High demand and low supply have caused housing affordability in South Carolina to drop 10.9%, while the average home price has increased by over 18% since 2020. These changes make
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First Time Home Buyer Guide: What You Can Expect: USDA Loans Part 5

In the last blog post, we spoke about the Uniform Residential Loan Application, or the 1003 Form. In this final post, we will be talking about what happens after the
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First Time Home Buyer Guide: What You Can Expect: USDA Loans Part 3

In the last section we spoke a bit more about asset documentation and credit documentation needed by the first time home buyer for USDA Loans. We also gave a few
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First Time Home Buyer Guide: What You Can Expect: USDA Loans Part 1

Welcome to our new little series within the First Time Home Buyer Guide. We will be adventuring into what the first time home buyer can expect with doing certain loan
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Rural or Suburban Living: Which is Right for You?

Are you thinking of purchasing a home?  With so much to consider these days, making the choice of purchasing a home in an urban, a suburban or a rural area
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How The Government Can Give Your Family A Good Holiday Season

You can get federal money to help your loved ones enjoy the holidays. You do not need to chose between having a secure dwelling and paying for gifts and food.
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What To Do To Get A Government Home Loan By Your Wedding Day

Lots of couples plan a marriage and look for an abode at the same time. When you are looking to start a life in the country, you might wonder if
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Little Known Facts About USDA Loans And Rural Development Loans

If you are planning on getting federal housing funds, it is helpful to know the minor basics about these programs. You are permitted to have a higher income than that
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Preliminary Approval Letter

One of the most important things in buying a house is getting a prequalification. Getting a prequalification not only allows you to know that you have the ability to buy
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USDA Announces Investments

Agriculture Deputy Secretary Krysta Harden made an announcement that USDA is investing in rural businesses and development organizations to spur economic growth in rural areas and in Tribal communities. The
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Duck, Duck, Goose!

Get those ducks in a row and let’s start with this pre-approval.  Call Society Mortgagetoday and talk with your very own loan expert!!  Forget the automated call centers and long
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Shopping for a home stressing you out? Confused on where to begin? Well look no further.

With Society Mortgageand their experiences staff you will have no worry in your home buying process.   Well where do I start you might ask….   That’s easy, all you
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Rural Development loans

When you hear 100% financing, no money down as an option for a loan most people say, “no way, not possible, what’s the catch?” Many people, including lenders do not
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Low Down Payments

If you’re looking for an affordable mortgage that’s actually obtainable don’t overlook a USDA Rural Development Loan. They’re one of the few ways you can still get a zero down
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USDA Program Benefits

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
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USDA Structure & Property Requirements

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
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It’s Hard to Find Good Advice

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
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USDA 101

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
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Buying a Home is a Big Decision!

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.
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Rural Loans

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
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