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Archive for February, 2014

USDA Financing Changes Impacting Greensboro NC Buyers

One of the sweetest loan programs available to home buyers in the Greensboro area has been the USDA product which offers up to 100% financing for qualified buyers.  This loan is subject to certain geographic restrictions which have been determined by what the USDA terms rural agricultural districts. Changes have been anticipated for some time and recently, the USDA announced that barring Congressional action, they will begin using 2010 Census data to determine eligible rural areas for Rural Development housing programs...Continue Reading!