USDA Home Loans in NJ!
I just listed this really cute house and it is USDA Loan Qualified! I get asked all the time what is that and how can it help me. (click link for more information)
This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.
In other words….if qualified it can help a renter become a buyer. The program is how my sellers purchased this cute home and now it can be yours.