“While Stearns Lending offers the more common conventional, FHA, USDA. loan programs geared towards helping first-time homebuyers overcome the most common barriers to purchasing their first home.”.
The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers. Along with a loan backed by the USDA, loan recipients also enjoy $0 down mortgages with 100 percent financing.
Under a secretarial natural disaster designation, farmers in those counties can get assistance, like low interest loans, from.
starting a rent to own business Social responsibility emphasized with rent guarantee for tenants over 70. This is a general principle that we have incorporated into our business philosophy as a binding guideline for our.