Does this house qualify for a rural development loan?

Profile picture for paulgiles
If it does qualify, what are the details for the buyer, lender, and seller?
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0Yes

November 03 2011 - Sand Springs
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Answers (5)

Profile picture for ConnieK_Oklahoma

some resources
http://www.rurdev.usda.gov/ok/housing/sf_guar_loan.htm

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

talk with a local lender that does these, they can tell you want to expect.  things that can make the house ineligible- an inground pool, a garage apartment (or a shop with a toilet and other room that might be called an apartment by an appraiser).   a house in a town that is too populated.

might as well contact a lender and get pre-approved and have them direct you to what you can't look for and can look for and find a Realtor to help with that search once you've defined it better. 

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0Yes

November 17 2011
Profile picture for Virginia Beach Homes
Check with your local lender. They are the specailist there and will know what you can and can't do with any certain home or property.
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November 07 2011
Profile picture for Sharon Lewis
Here is the USDA link,check to see if your home falls in the right place on the map.
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
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1Yes

November 04 2011
Profile picture for wetdawgs
Your question is linked to a town in Oklahoma, but not to a specific house.
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November 03 2011
Profile picture for Zilluminati
There are maps on the USDA website. You'd have to pay me to get all those details.:)
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0Yes

November 03 2011
 

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