colorado horse property
denver horse property denver colorado horse property denver real estate
homes
horse
property properties castle rock ranch highlands ranch
parker
larkspur for sale equestrian franktown sedalia elizabeth relocation

Government Backed Zero Downpayment Loans

Return to the Real Estate Library


The RHS (Rural Housing Service) "Guaranteed Loan Program" is an agency that is part of the USDA. The RHS offers several programs. Some of the programs that are designed for lower income borrowers are administered directly by the regional offices of the Rural Housing Service.

The RHS is known to some in the business by the old name which is "Farmer's Home Administration" (FMHA).

The RHS has a program known as The Section #502 program. This program is directed at moderate income borrowers and is administered like no other loan program in America.

The #502 program allows 100% financing and in some cases, even allows loans for more than 100% of the purchase price where the appraisal is higher than the sale price and the extra loan proceeds are applied toward closing costs.

The income limits in the #502 program are based on 115% of median income in the MSA or Metropolitan Statistical Area in which the home is located.

 

Search Real Estate | Our Listings | Blog | Community | Area Links | Loans | Free Info | Benefits
Horse Training | Contact Me | Site Use | Privacy | Equal Housing




Realty Oasis
385 Inverness Parkway, Suite 140
Englewood, CO 80112

888-718-0140 Tel
303-814-9546 Tel
303-814-9547 Fax

Realtor


real estate web site design

© 1999 imcd web design, all rights reserved