Lenders
for your Florida
Loan
Florida USDA Loan
Government Sponsered Guaranteed Rural Housing
102% Financing available. ELIGIBLE PROPERTY • One-unit detached or attached properties. • Condominiums (refer to Property Guidelines section). • Planned unit development (PUDs). • Properties with in-ground swimming pools. Properties with swimming pools may be acceptable under certain circumstances. However, value used to determine maximum guaranteed loan amount willexclude any value contributed by the pool. RD’s guidelines prohibit financing properties with in-ground swimming pools. However, a waivermay be available in certain circumstances. Approval of waiver requests is not automatic.
There is no site size limitation, but site value generally should not exceed 30% of total value. INCOME LIMITS
• Adjusted annual household income may not exceed 115% of median income. The income limits are
published at: Check Income Eligibility. • Social Security income is included, but it is not “grossed up” for purposes of the income limits. • Medicare premiums may be used as part of medical deductions.
This is a Government Sponsed program for lower income families in rural areas.
Property must be in area designated as rural by Rural Development, refer to: CHECK PROPERTY ELIGIBILITY
Additional application requirements apply. Contact us about: Appying for a Florida USDA Loan.
Member of Florida Mortgage Professionals Association
Member of The National Association of Mortgage Brokers
*Licensed Correspondent Lender in the State of Florida
Licensed Mortgage Broker in the State of Florida
Registered Better Business Bureau of South Florida