- 100% LTV based on appraised value
- As low as 600 credit score
- Up to 6% seller Contribution allowed
- No Monthly Mortgage Insurance
- No reserve requirements
- No down payment required
- No prepayment penalty
- Loan amount up to $ 417,000
- 30 year Fixed Rate
Guaranteed Rural Housing Program (GRH) is a government insured single family home loan program for low to moderate income borrowers.
No private Mortgage Insurance required. Upfront USDA Guarantee Fee of 2% can be financed into the loan amount for purchase transaction and .5% for rate & term finances
Contact us today at 813-873-2537 for more information!
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