Are you considering purchasing a home that is located outside the city limits?  One of the popular choices for a mortgage is the Zero Down Payment, Rural Development Program, which is guaranteed by the U. S. Department of Agriculture.

This mortgage program is available for the purchase of eligible homes located outside the city limits, and does not require a down payment.  The Rural Development mortgage offers competitive fixed rate mortgages with terms up to 30 years. This program allows flexible underwriting, but has income limitations.  The income limitation will vary based on the Parish where the property is located and other factors, including the number of dependents of the borrower(s).  The seller is allowed to contribute toward the closing costs or, in some cases, the costs may be financed in the loan.  Let’s discuss the details — consultation is free!

Contact Denise at 318-798-7770 or today to discuss your mortgage needs.