Did you know we still have access to 100% financing! This means you could purchase a home with no money out of your pocket! Here are some qualifying criteriaCan I get an USDA Mortgage Loan after bankruptcy?
Criteria for USDA loan approvals state that if you have been discharged from a Chapter 7 bankruptcy for three years or more, you are eligible to apply for an USDA mortgage. If you are in a Chapter 13 bankruptcy and have made all court approved payments on time and as agreed for at least one year, you are also eligible to make an USDA loan application.
What are the USDA Down Payment Requirements?
USDA Mortgages have no down payment requirement. Other loan programs don't allow this.
What types of property are eligible?
While USDA Mortgage Guidelines do require that the property be Owner Occupied (OO), they do allow you to purchase condos, planned unit developments, manufactured homes, and single family residences.
If you are thinking of purchasing a home and do not have the downpayment that is required give us a call at (503) 710-7584. We can put you in touch with a lender and help you find the right property to get you qualified for this program.
Please visit our website http://www.theriangroup.com/
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