Comments on: USDA Home Loan Program – The 0% Down Bonanza You’ve Never Heard About

By: Chrisfs

Chrisfs — Mon, 15 Mar 2010 18:27:13 +0000

Please include a link to the plan when you post something like this

By: Mis sold Mortgages

Mis sold Mortgages — Mon, 22 Feb 2010 15:14:59 +0000

On a slightly different note, secured borrowing on property can lead, it seems, lead to finding you have been mis sold mortgages.

I read earlier this year that a lady who borrowed less than 10k with her home as security lost her job, was told that the payment protection insurance could not payout because of implications to do with her partner (the main bread winner).

The solicitor she contacted found traces of severe professional negligence and ended up making a claim against bother the mortgage broker and lender for wrongfully giving her a self cert mortgage.

This is just one example of why credit is so hard to come by these days… Money hungry people!

By: Sam Winland

Sam Winland — Fri, 08 Jan 2010 17:06:58 +0000

I am interested in a no money down loan

By: Featured Links, Week of December 7 – Don’t Quit Your Day Job

Featured Links, Week of December 7 – Don’t Quit Your Day Job — Thu, 10 Dec 2009 17:03:28 +0000

[...] “USDA Home Loan Program” – The FHA could be headed towards failure with 3.5% down mortgages. This program works with as low as 0%. Nice. [...]

By: pkamp3

pkamp3 — Thu, 10 Dec 2009 06:14:11 +0000

Count me as one of the skeptical ones:

“USDA officials have argued that their program is much less prone to speculative buying” doesn’t jibe well with “Credit Score of 580 is needed” for me. Thanks for finding this program, this is the first time I’ve seen it. Great post!