Posted by: Roby Robertson | January 22, 2010

Lake Norman 100 Percent Financing With USDA

USDA Financing with USDA Guaranteed Rural House around Lake Norman

Do you need to check to see if a home around Lake Norman is eligible for USDA loans?  Check out the USDA eligibility site.

The USDA Guaranteed Rural Housing mortgage is available for salaried, non-salaried and self-employed borrowers and is not limited to first time home buyers.

It offers:

  • 100% financing up to the appraised value
  • Fixed rate financing at FHA interest rates
  • Gift Funds allowed for closing costs
  • New construction financing options

Rural areas include towns, cities or places with populations of 10,000 or less and towns and cities not a part of Metro Statistical Area (MSA) with populations between 10,000 and 20,000.

To find eligible homes visit the USDA eligibility site.

To find out if you are eligible contact our preferred lender Sherry Connor at

Together we can find you a new home around the Lake Norman area.


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