Florida USDA Rural Loan – Five Stars Mortgage Loan

USDA Home Loans in Florida. Many homebuyers in Florida are still unaware of the available loan options for home buying. Not surprisingly, many have not heard of USDA loans. usda home loan is a unique loan program that enables residents in Florida to transform their homeownership dreams into reality.

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Welcome to 5 star financial group your resource for all your Tampa Bay mortgage and real estate needs. We offer many different types of home loan products along with many refinance options. Tampa Bay USDA loans are one of our biggest specialties.

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Florida Mortgage Corporation offers 102% USDA Mortgage Loan financing for Florida homes. USDA Rural Mortgage Home loans are primarily used to help individuals or households purchase homes in rural housing areas. Applicants for usda mortgage home loans may have an income of up to 115% of the median income for the area.

They aren’t flexible – Actually, USDA Home Loans can be used to buy a new home or refinance to a lower rate. Only certain people can qualify – Anyone who meets the income and credit guidelines can qualify for a USDA Home Loan. They are only for rural areas – Actually, USDA Loans are available in many areas that most people would not consider.

The USDA home loan program is limited to certain eligible areas deemed "rural" by the USDA/Rural Development. We frequently receive questions about the areas in Florida that are eligible for the program. The USDA says that to be eligible a property must be in a rural community of fewer than 10,000 people, but there are exceptions to this rule.

The team at Florida mortgage lenders.Com is well-versed in USDA mortgage guidelines, so speaking with one of our Florida loan officers will help you get on the right track. You may also check the USDA website to locate the eligible Florida Areas defined as rural areas by the USDA.

Loan Services & Programs. Five Star Mortgage Solutions offers a variety of loan possibilities to fit your needs and financial situation. Call us today and we’ll help you understand the options available to you.

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