USDA Rural Guaranteed 100% Loan Program for Linn County
By Fred Chamberlin, Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant
(Guild Mortgage Co - Oak Harbor WA)
I have had several people interested in obtaining a USDA home loan for property in Marion, Polk, Linn and Benton Counties. I've put together a map of part of the county that should help in identifying areas that qualify for this program. I would also recommend you contact Leslie Stewart with Prudential Real Estate Professionals in Stayton for help in finding that property, especially in Marion and Linn Counties. You can call Leslie at 503-769-3448 X 1910 or her cell at 503-932-8202. As you might know - it's one of the last TRUE 100% home loans available - and it doesn't have PMI! The rates are comparable to FHA, so it's a very affordable payment! You do not have to have PRESTINE credit, but we generally want to see scores above 580, and 12 months of "clean credit." USDA does require ...