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Closing Costs and Other Fees Associated with USDA Loans

Before taking out a USDA loan, it is important to know the closing costs and fees associated with the loan. (Closing costs are fees charged by lenders or third parties when a home purchase transaction is completed.) These fees can add up quickly and can vary depending on where you live and the specific terms of your loan.. Generally, these include application fees, appraisal fees, credit report fees, points (if applicable), title insurance, recording fees and more!

Posted by on 2023-03-02

Flexible Credit Guidelines

Flexible credit guidelines are an important consideration when it comes to financial planning.. They can determine the ease with which one can access and manage loan funds.

Posted by on 2023-03-02

Pros and Cons of Low Down Payment Programs

Low down payment programs (LDPs) can be a great way to get into owning a home, but there are some pros and cons that must be weighed.. The main pro of an LDP is the fact that it makes buying a home much more affordable for those who may not have enough saved up for a traditional 20% down payment.

Posted by on 2023-03-02