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USDA Financing

USDA financing is a wonderful financing option for purchasing a property in “rural” areas of Maryland.  This past week, we just heard that USDA has extended the deadline for using the existing eligible area.  This means that the eligible areas are not shrinking as had been planned.

Most of Carroll County is eligible as is a large part of Frederick County

USDA financing is 100% and the mortgage insurance is less than a third of FHA.  The maximum income is $94,500 and average credit is allowed.  The seller can pay all closing, so you can purchase a home for no money.

It’s a great deal.  Call for details.