Great for Single Parents, Couples and Individuals!
Lowest Fixed Rate Monthly Mortgage
7 out of the 11 Twin City County Areas are eligible.
These properties are closer than you think!
The USDA Guaranteed Rural Housing Mortgage Program offers individuals and families 100% financing for semi-rural to rural properties throughout the state of Minnesota.
100 % Financing*
No Down Payment*
No Cash From Buyer
No Mortgage Insurance*
No Assets
No Reserves
Relaxed Credit Requirements
Finance Closing Costs into the Loan
Unlimited Seller Paid Closing Costs 2-1 Buydowns qualifying at the start rate, enabling the buyer to qualify for more house. Buydown funds can be financed or contributed by seller
Finance closing costs and prepaids if appraisal comes in higher than purchase price, without seller contribution.
* As of 11/21/11 30 year fixed rate is at 3.75% - APR 4.371 (assumes standard USDA Funding Fee of 2%). This is not an offer to extend credit. Rates subject to change without notice.
No cost no obligation mortgage analysis and consultations
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Peter Boyle 612.701.6816 20 Years Mortgage Lending Experience! NMLS # 218261
Summit Mortgage Corporation Summit Home Mortgage Inc. is FHA approved but is not officially affiliated with HUD *Please check with your lender for current pricing and personal mortgage analysis. *The information in this Web site can change without notice. This is an Equal Housing Lender
Summit Mortgage Corporation #1041 13355 10th Ave N Suite 100 Plymouth, MN 55441
![[0.5 inch Equal Housing Opportunity Logo]](http://www.hud.gov/images/fheo50.gif){kind=small}
