Tag Archives: Rural Buyers

Total Mortgage Services, a national mortgage lender, is offering rural home buyers 100 percent financing or closing cost assistance. Through its new Guaranteed Rural Housing Loan Program, insured by the U.S. Department of Agriculture, the lender will offer low- and moderate-income residents living in rural areas (usually defined by a population of 10,000 or less or, in some cases, 20,000 or less) several affordable housing finance options: No down payment required. Closing costs can come from any source, including gifts. Competitive 30-year fixed rates. No monthly mortgage insurance premiums. Borrowers […]