Thursday, February 20, 2014

UPDATE: Rural Development Mortgage Loan Income Limits have Increased!


Cindy Fekete

(225) 768-7840

www.batonrougerealestatedeals.com


The Rural Development mortgage loan, also referred to as RD financing, has officially increased on the household income limits for 1-4 member family from $74,750 to $76,350. Additionally, 5-8 member family has been increased to $100,800. The RD mortgage loan is a wonderful way to get the home you have always wanted without having to put ANY money down! That's right, RD is a mortgage loan option that offers 100% financing with interest rates currently around 4.25%. Fees and interest rate subject to change among different lenders.  Current qualifying areas include most of  West Baton Rouge, Iberville, Livingston, and Ascension Parishes. There are a few areas in the 70817 zip code of East Baton Rouge that qualify for RD, as well.

 For more information about Rural Development financing and qualifications contact one of our preferred Lenders, Jamie Edwards Taylor with Assurance Financial at (225) 921-4003. She may also be reached by email at JTaylor@LendTheWay.com or click here to be redirected to our Lender Page.

DO NOT wait until Rural Development Loans are no longer available!

Start Your Home Search NOW!



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