USDA Loans
The United States Department of Agriculture (USDA) gives out a variety of loans to help low or moderate-income people buy, repair or renovate a home in a rural area.
The United States Department of Agriculture (USDA) gives out a variety of loans to help low or moderate-income people buy, repair or renovate a home in a rural area.
The United States Department of Agriculture (USDA) gives out a variety of loans to help low- or moderate-income people buy, repair or renovate a home in a rural area. Some of the popular types of loans are: the single family direct homeownership loan, the single family guaranteed homeownership loan, the rural repair and rehabilitation loan or grant and the mutual self-help loan.
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac.
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2021, the limit is $548,250 for most of the US, apart from Alaska, Hawaii, Guam, and the U.S. Virgin Islands, where the limit is $822,373. Rates tend to be a bit higher on jumbo loans because lenders generally have a higher risk.