Great Information about USDA home loans
USDA Loans
• income restrictions
• no pool OR the buyer may pay cash for the value that the appraiser states it is worth on the appraisal
• If home appraises higher than the purchase price that money can be used to cover all or part of the pool value
• Seller can pay up to ALL of the buyers closing costs
• Property MUST be USDA acceptable: To verify please go to
• http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
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