Not every community qualifies—but if it does, it’s the best thing since sliced bread! Check your listings to see if the property location qualifies http://eligibility.sc.egov.usda.gov. Generous household income limits also apply and you can check them out at this link as well. Generate phone calls by letting everyone know 100% financing is still available for eligible properties and borrowers. Add an additional note to the listing info and mention it in your ads.

Buyer Qualifications Highlights

· No Down Payment Required and Zero Move-in cost is possible

· 30 Year Fixed Rate Loan

· 100% Loan plus you can add the 3.5% Guarantee Fee on top of that

· Finance Closing Costs & Prepaids if Appraisal Is Higher Than Sales Contract

· No stated maximum loan amount; maximum loan based on repayment ability

· No monthly Mortgage Insurance

· No cash contribution required from borrower.

· Liberal Income Limits (by county)

· Gift funds and grants allowed.

· No Cash Reserve Requirements

Property Qualification Highlights

§ Existing Home

§ New Construction

§ New Manufactured Homes (Existing MH not allowed)

§ Modular Homes

§ Town homes

§ Condos (Must be approved projects)

Prohibited Loan Purposes

· Co-signors not residing in the household

· In-ground swimming pools unless waiver granted

· Furniture and personal property

· Income producing property

· Excess land typically exceeding 30% (Site Value) of total property value

· Previously occupied manufactured homes