Posted: June 2nd, 2009
USDA (Dept. of Agriculture) home loans are all the rage these days in PA because of the “zero down” option that is so rare since the mess last fall. However, buying a home with USDA funding requires jumping through a few extra hoops, the most important of which is whether the property in question is within “rural” guidelines.
In my opinion USDA loans are definitely worth looking into since the rates are better than average. To see if the Lancaster PA home you are interested in qualifies for USDA financing, click on this link:
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do;jsessionid=3CEB2D530F25D7F2AA660A13AB28DDA0
Just trying to keep you in the know!
