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Rural Development Loan Eligibility

by Turner Real Estate Group

The Rural Development (RD) loan is a popular choice for many home buyers in St. Tammany Parish. Home buyers can purchase Slidell, Mandeville and Covington properties with nothing down and as little as $500 out of pocket.

RD is re-evaluating its' qualifying areas, and many locations that were previously covered will soon no longer qualify. The shaded spots on the map are areas that will no longer be included as of January 2014.

It is crucial that RD home buyers looking in the shaded areas make their move now before it's too late. For more information call us at 985-626-1313 or visit  http://www.MyLocalRealEstate.com.

 

FHA Short Sale/Bankruptcy Discharge

by Turner Real Estate Group

Home buyers were previously required to wait 2 years to purchase a home after a bankruptcy or short sale. As of today that is no longer the case.

With proof of hardship you may now qualify for a FHA loan only 1 year after going through the bankruptcy or short sale process.

FHA loans are a great option for home buyers as they only require 3.5% down. We at Turner Real Estate Group can even get the seller to pay your closing costs. This makes owning a home cheaper than rent!

If you or someone you know is having difficulties making mortgage payments call us today at 985-626-1313. We can sell your home through the short sale process, and help you avoid going through a foreclosure. For more information visit www.callwayneturner.com/9-Foreclosure-Myths.

Displaying blog entries 1-2 of 2

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Turner Real Estate Group - 111 N. Causeway Blvd., Suite 101, Mandeville, LA 70448.  985-626-1313. 
Broker licensed in Louisiana and Tennessee. Sales Associates licensed in Louisiana.
Mandeville Real Estate - Covington Real Estate - Slidell Real Estate