Delaware USDA 100% Financing
Delaware USDA 100% Financing Most Properties Including Middletown DE and South
Qualify For 100% USDA Financing NO Down Payment
LOW Monthly Mortgage Insurance
NOT Restricted to First Time Buyers
Liberal Borrower Eligibility:
Low Conventional Rate with No Points
Borrowers’ adjusted household income cannot exceed the Maximum allowable income limit for the County.
New Castle County with 1-4 person household= $92,300,
New Castle County with 5-8 person household= $121,850
Kent and Sussex County with 1-4 person household= $77,200.
Kent and Susses County with 5-8 person household= $101,900
NOT Restricted to first time buyers
The borrower must NOT have sufficient assets to obtain other traditional conventional financing.
The appraisal determines the maximum loan amount.
Closing cost may be financed when there is equity above the contract price as supported by the appraisal.
Seller help contributions without any limitation are available to assist the borrower in paying closing cost.
New Construction: If a 10-year Builder Warranty is provided, only a Final inspection and a Thermal Certification are required.
To find out if You and the Property Listing qualify, and are Eligible for this Awesome Program...
Call this number 302-530-2299 Ask for Phil
or email Me phil@mortgagebankamerica.com
NEVER an application fee
Mortgage America, Inc.
USDA Approved Direct Lender
