With USDA Housing Programs, 3.4 Million Rural Homebuyers Own Their Future.
RHS Guarantee Fee Change
Beginning October 1st, RHS Guarantee fees will be changing as indicated in the following table:
Up-Front Guarantee Fee FY 2012 Through 9/30/2012 FY 2013 Effective 10/01/ 2012
Purchase Transactions (no change)
2% Refinance Transactions 1.5% 2%
Annual Fee FY 2012 Through 9/30/2012 FY 2013 Effective 10/01/2012
.40% Refinance Transactions .30% .40%
This is effective for all RHS loans which receive conditional commitments on or after October 1st, 2012 regardless of when the loan was submitted.
Senior Loan Officer
American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223
Company ID #1364 | MB73346
Kentucky USDA Loans | Rural Housing Loans Kentucky.
via Kentucky USDA Loans | Rural Housing Loans Kentucky.
100% Financing Zero Down Payment Financing Kentucky Mortgages and Home loans
Buy a Home with No Down-Payment or Refinance Your Mortgage to 100% Just a few years ago, most mortgage companies offered no money down home loans, but today only there are only a handful of experienced lenders offering the USDA and VA home loans. Don’t miss out on affordable mortgage rates for no equity mortgages. Now is the time to discuss no money down home buying or no equity refinancing while rates are low and the programs still exist.
Senior Loan Officer
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org
). Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice. Manufactured and mobile homes are not eligible as collateral.