About a week ago, Channel 10 News approached me and a lender I work with, Dan Auld. They wanted to interview us about a loan program that offers 100% financing for homes in certain areas. It a USDA Rural home loan program thats been around since the 1940s, whose main goal is to encourage rural development.
This is not a first time home buyer program and the city does not get any equity in your home. The rate does not adjust and is a typical 30 year fixed rate. Buyers do have to meet certain income requirements and the home does have to be in an approved area. If youre interested in this loan, please contact Denny Oh at 858“243“2092. I am not a lender, but I can put you in touch with someone who knows this loan well.
For any other questions about San Diego real estate, you can call me at 858“243“2092 or email me at [email protected].