Jamie Chambers

Florida Teachers, Police, Fire Rescue and all other public service – learn more about the 100% USDA home loan program at www.UsdaMortgageSource.com

USDA is the last remaining 100% home loan in Florida for non veterans. The USDA mortgage offers many benefits for Florida First time buyers, a few are listed below.

Low 30 Year fix rate terms

Government backed

No down payment – closing costs can be included

We are always happy to answer any questions. Just visit us online at www.UsdaMortgageSource.com or call us at 904-302-6060. Serving all of Florida 7 days a week – including St Augustine FL, St. Johns County, Palm Coast FL, Flagler County, Jacksonville FL, Duval County

So you are a first-time home buyer in Florida thinking about taking that big step towards home ownership? The USDA home loan is without a doubt a great choice for Florida first time buyers because there is $0 down payment required. The Government backed USDA mortgage is the only 100% home loan available in Florida for non military home buyers. Here are a few steps to take to help you decide whether you're ready to move forward.

1. Check the home selling prices of comparable homes in your area. Web sites such as www.Zillow.com can give you a general idea of what you should expect to pay. Remember these tools are good for “general prices” but will not be 100% accurate. You can also do a quick search of actual MLS listings in your area on a number of Web sites like www.realtor.com Keep it local and in the same zip code if possible.

2. Get an idea of how much you can afford by using the mortgage calculator at www.usdamortgagesource.com/blog (bottom right side of screen) The USDA mortgage calculator will give you a good idea of your “real world” monthly mortgage payment with taxes, homeowners insurance and monthly mortgage insurance included. Remember that taxes, insurance and mortgage insurance are important factors in determining your actual monthly payment.

3. Determine how much you will pay in closing costs. Yes, the USDA mortgage is 100% financing and it also allow for buyers closing costs to be paid by the home seller or rolled into the loan. However, homebuyers will need some money for upfront appraisal / inspection fees. Read more by clicking here.

4. Talk to reputable real-estate agents in your area about the local market and what you can expect. We would be happy to connect you with a great agent in your town. Just submit the quick request form on the right side of your screen to request an agent.

5. Remember to look at the big picture. While buying a house is a great way to build long-term wealth, keeping up with your investment can require a lot of work and be expensive. Unexpected costs due pop up, and you will be responsible for these items.

Questions? Cal us at 904-302-6060 or just submit the information request form on the right side of your screen. Please be sure to visit www.UsdaMortgageSource.com for all the latest program requirements here in Florida. USDA Mortgage Source is Florida 100% mortgage leader - Serving all of Florida including Collier, Lee and Charlotte County FL ( Naples FL, Cape Coral FL, Fort Myers FL, Bonita Springs FL, Punta Gorda FL)

Not located in a USDA eligible location ? be sure to check into www.FhaMortgageSource.com for the latest FHA loan info in Florida.

A message today from USDA Rural Development in Florida-

HELP STOP THE MISINFORMATION:

“Rural Development is in business. We are presently reviewing loan packages and issuing Conditional Commitments subject to the forthcoming allocation from budget. Many lenders are continuing to fund the loans to close while others have stopped taking new applications until the Agency’s allocation has been received. See the recent newsletters released in September. We anticipate receipt of the allocation available very, very soon”

Please note: our partnering lenders have, and will continue to fund USDA loans in Florida WITHOUT interruption while we wait for the new allocation of USDA funds as stated above by Rural Development.

USDA Home Buyers (and Realtors) please note:

If you have a USDA loan in process now with a lender that stopped funding and that loan has already been fully underwritten and shipped to Rural Development for final approval, it is too late to switch to a different lender that is still funding the program. You best bet is to wait it out as the allocation of new funds should be coming soon and your lender will resume funding.

Buyers that have only been “pre approved” or “pre qualified” ( loan has not been fully underwritten ) can switch and take application with a new funding USDA lender. Contact us, we can help.

Questions? Contact us 7 days a week at 904.302.6060 or visit www.UsdaMortgageSource.com

Serving all of Florida ( Tampa, Riverview, Ruskin, Plant City, Valrico, Wesley Chapel) USDA Mortgage Source is Florida’s local and leading USDA loan resource.

Please see the current USDA Rural Development Florida county income limits by clicking here. Please note – the eligibility income limits listed must include ALL income producing household members, even if they are not listed on the loan application. Also note, the USDA Rural Housing income limits do change – be sure to contact us for the latest USDA Rural Development income requirements. The income limits listed do not include separate income deductions that can be included such as child care expenses, elderly or disability

Property location and income are the two primary components in determining USDA home mortgage eligibility in Florida. Please note, meeting the income requirements does not guarantee USDA financing. There are separate USDA qualifying requirements pertaining to credit, job history, etc.

USDA home loan financing offer Florida home buyers 100% zero down payment, secure 30 year fix rates and many other benefits. USDA Mortgage Source is Florida's local rural housing leader. Please contact us 7 days a week at 904.302.6060 or just visit us at www.UsdaMortgageSource.com

Serving all of Orange county and surrounding cities including Orlando FL, Clermont FL, Deland FL, Deltona FL, Winter Garden FL, Winter Springs FL, Kissimmee FL

Be sure to check out our handy USDA home loan payment calculator at the http://usdamortgagesource.com/blog/ This USDA loan calculator includes estimated tax and home owners insurance as well has monthly premium charges.

Questions? Let us help – USDA Mortgage Source is Florida’s local rural housing leader. Serving all of Florida including Brevard County – Cocoa Beach FL, Port St John FL, Sharpes FL and Mims FL, 7 days a week– please call us at 904.302.6060 or visit us at www.UsdaMortgageSource.com