Real Estate in Birmingham
Scott Howell
205-900-7715205-900-7715

USDA Announces

If you haven’t already heard…

The United States Department of Agriculture (USDA) has recently announced a HUGE decrease in fees for their 100% financing home loan program.

Effective October 1, 2016, the new LOW fees will adjust as follows…
The upfront guarantee fee will change from
2.75% to only 1.0%
The annual fee will change from 0.5% to only 0.35%

This is GREAT news for potential homeowners looking to buy with 100% financing.

 

So, what does this mean to your clients???
0% Down Payment WITH LOWER MONTHLY PAYMENTS NOW!

Today’s rates are 3.25% with no origination .http://www.rd.usda.gov/

Posted on September 29, 2016 at 4:33 pm by Scott Howell

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  • About Scott Howell

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    Scott Howell

    Broker/Owner

    scotthowell3@gmail.com

    205-900-7715205-900-7715 main

    THE BROKERAGE

    4000 Eagle Point Corporate Dr. Birmingham, Al. 35242