USDA Rural Loans in Goodyear AZ
By Timothy George, Arizona Mortgage (602) 492-6847
(Arizona Mortgage Rates - FHA Mortgage Loans in Arizona)
USDA Rural loans in Goodyear AZ are the best way to get a mortgage in Goodyear AZ these days. I have been doing USDA Rural loans in Goodyear AZ for 4 years now. They are the choice of many for a lot of different reasons. Let's go over the bullet points so that you can understand just how exciting these loans are: Program Specifics: 102% Combined Loan to Value (Of appraised value, not sales price!) Zero Down Payment or $0 Down Unlimited Seller Contributions Unrestricted Gift Funds 100% of Appraised value and up to $10,000 in repairs are allowed 30 year fixed rate loan USDA has income limits in Goodyear AZ for a family of 4 up to $75,750 of annual household income Debt ratios can go as high as 29/41 (Possibly higher with risk layering) Purchase only No mortgage insurance, but a 3.5% R...
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