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Are you about to sell your home in Choctaw, Oklahoma? Did you know that you might be able have your home sold faster by marketing it as a USDA rural development. This is a great 100% financing option for buyers however most buyers even Realtors do not know about this type of financing out there. There are certain maps that outline what areas are eligable for rural development loans. Of course there are other qualifying factors such as

• owner occupy
• must be in eligible area
• 3.5% guaranty fee which can be financed
• 30 year term
• no inground pools or exsessive out buildings
• buyers cannot own any other real estate
• 2 year employment or school history
• debt to income ratio must be 29/41
• if borrowers have liquid assessts over 20% down they are not eligible
• income limits are 1-4 members $74,050.00
• 5+=$97,750.00

By marketing your home ahead of time for certain loan progams you are giving buyers who have never purchased a home a good clue on where to start and how to get started on buying your home. I am in the office from 8-6 Monday-Friday and available on weekends too by appointment only. Please call me if you have any questions.