- Last Updated on Saturday, 29 October 2016 16:00
By Roger Dolanch - Broker/Owner
Yes, it is true! As of October 1, 2016, USDA has lowered its mortgage insurance costs for both the upfront and monthly fees! Eligible households can purchase eligible properties by securing a no down payment USDA mortgage loan and finance the initial Mortgage Insurance Premium of 1% of the loan amount, and finance a total of up to 101% of the sale price! Read more...