USDA Loans are Going Strong
November 4th, 2010
If you have a steady income and a fairly decent credit score then there has never been a better time to buy a home. USDA Loans are backed by the federal government and the required zero money down. Lenders do have money to lend but they are more selective now about who they lend to because of the loose lending practices of the recent past. Just because they banks have tighten their lending does not mean that they do not have money to loan to a worthy recipient. Because of the news of late that talks about the inability to get loans, people have been skittish about even applying for a loan lately.
Entry Filed under: Finance