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This 100% financing is dead?? Think again…


100% 30 year fixed rate loan with USDA Guaranteed Rural housing.

Here are just a few program benefits:

 GUARANTEED RURAL HOUSING (GRH) PROGRAM ADVANTAGES

• No down payment.
• No monthly mortgage insurance payment.
• No cash reserves required.
• No minimum credit score.
• No maximum loan amount or purchase price limits. Loan amounts are limited only by the applicant’s repayment ability and the property’s appraised value.
• No limitation on source of closing costs. 100% gifted closing costs or down payment assistance are permitted.
• Seller concessions are allowed to pay loan closing costs and repairs.
• Affordable fixed interest rate with 30-year term.
Questions about this loan? Contact Dan Smith with American Bank at: dsmith@myamericanbank.net
636-795-0143 cell
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