Yes! . . . and it is not a gimmick nor is it VA.
It is a little known federal program called 
USDA Rural Development.
Unlike most loans, a USDA-RD loan is unique in that the property itself is the primary qualifier, not the home buyer. Oh, you must definitely have a decent credit score and debt to income ratio (things better discussed with a lender), and there are some income limitations. But it is the location and condition of the property that makes it eligible for a Rural Development loan.
As most homebuyers already know, an FHA loan requires a 3-1/2% down payment, and conventional loans 10%-20%. But for a homebuyer with good credit, an RD loan offers a terrific opportunity to buy your very own home with little more than the cost of a home inspection and closing costs.
The most likely areas for RD financing are St. Bernard, St. Tammany and Washington Parishes, along with the Westbank (Jefferson Parish), and River parishes. Call me. I’ll be glad to help you with this information.
30.435742
-89.925323
St. Tammany Parish, LA
Like this:
Like Loading...
Related
About Joyce Albert
Why you need a Real Estate Consultant, not just another Agent…
The difference between a real estate agent and a real estate consultant is the difference between someone who just wants to make a sale, and a professional who is willing to share with you their in-depth knowledge of the market in order to help you navigate one of the largest financial decisions of your lifetime.
In my career as a real estate consultant, putting my clients first is the hallmark of my success. So if you are looking for a true professional to help you buy or sell a home in the Greater New Orleans Area, please contact me. I look forward to woing with you.
Certified 203k Specialist
I am a certified FHA-203k Specialist - a program designed to assist buyers wanting to purchase distressed properties (hurricane damaged, repos, short sales) that require repairs or major rehab.
Accredidations -
Accredited Buyer Representative (ABR)
e-Certified
Short-Sale & Foreclosure Certified (SFR)
Other Memberhips. . .
Louisiana Association of Realtors
New Orleans Metropolitan Assn of Realtors (NOMAR)
Gulf South Real Estate Information Network
National Assn of Realtors (NAR) of Realtors (NAR)
Real Estate Board of Accredited Buyer Consultants (REBAC)
USDA Rural Development.
Joyce's Real Estate Blogs 
I stumbled upon this. I have discovered It positively helpful and it has aided me out loads. I am hoping to contribute & assist different users like its helped me. Very Nice job and the topics provided are really valuable. Thanks
LikeLike
Pingback: 6716 Alisa Dr., Belair Subdivision Slidell, LA 70460 | 6716alisabelair.us
whoah this weblog is excellent i really like reading your posts. Keep up the great paintings! You realize, many people are looking round for this info, you can aid them greatly.
LikeLike
Pingback: URL
Pingback: Are There Really Great Bargains in Buying Foreclosures? | St Tammany Real Estate Information
Appreciation to my father who shared with me about this weblog, this webpage is genuinely awesome.
LikeLike