Denham Springs Livingston Parish USDA Rural Development Loans Explained

http://www.denhamspringsappraisers.com/ – Denham Springs Livingston Parish USDA Rural Development Loans Explained

 

 

 

 

 

Here’s a Fantastic Article Explaining These Loans @ 

http://activerain.com/blogsview/1040290/USDA-Loans-The-Rural-Housing-Loan-The-Basics

Here’s a quick snippet:

” USDA loans in many areas are becoming more popular, yet many loan officers still don’t know much about them, hence why they still aren’t talked about much. Just as FHA loansweren’t used as much as they should have from 2000 – 2006, because subprime and some conventional loans were easier for the loan officer to give to the consumer, even though it might not have been the best loan for them. I am sure in some cases, FHA loans are given before the USDA loan because of the lack of education on the loan officers part…. just my .02.”

Read the remainder of the article at the link above!