Effective May 13,2010 USDA Rural Development announced funds for this program have been exhausted. The US Senate is expeced to approve additional funds and when these funds are available we will continue fund USDA Loans.

A House, A Horse and 100% Financing

How great would it be to be able to purchase a home with 100% financing while at the same time adopt a Wild Horse (ie Mustang) or Burro? Now you can.

Under the USDA Guaranteed Rural Housing Loan Program qualified individuals are able to obtain 100% financing for

• Primary 1 Unit Single Family Dwellings,
• Warrantable Condos,
• PUD’s, and
• Townhomes.
• Max loan amount under the program is currently $417,000.

Other benefits of the Rural Housing Loan Program are

• No Minimum Contribution from the borrower’s own funds is required, and
• Up to 6% seller contribution is allowed.
• There is neither a cash reserve requirement and
• No Private Mortgage Insurance required and the upfront USDA Guarantee Fee of 2% can be financed into the loan amount for Purchase transactions and .5% for R/T Refinances.

There are maximum income limits and minimum credit guideline which can be reviewed by visiting the USDA website or simply give us a call to obtain rates and become approved.

And under a program offered by Bureau of Land Management one may adopt

• Up to 4 wild horses or burros in a 12 month period
• If the property and facilities meet minimum guidelines.
• For a minimum fee of $125.00 for a single horse or $250 with a horse and foal.
• Then after training, if you so choose, you may compete in the Extreme Mustang Makeover.

To learn more about the adoption process you may visit the Bureau of Land Management website and to compete you may either visit the Mustang Heritage Website or the Extreme Mustang Makeover.

Call US! 866-752-5322