The U.S. Department of Agriculture offers a variety of programs to help low to moderate-income individuals living in small towns or rural areas achieve homeownership. The Rural Housing Service (RHS) helps qualifying applicants, who cannot receive credit from other sources, purchase modestly priced homes as their primary residence.
RHS Loans are an attractive option because:
Minimal closing cost
Low or no down payment
RHS loans can be used toward the purchase and renovation of a previously owned home or a new construction. Families must be able to pay their monthly mortgage, homeowner's insurance and property taxes.
Mortgage Website by 220 Marketing
This office is licensed and Examined by the Office of Consumer Credit Commissioner of the State of Texas.
Pursuant to the requirements of section 157.007 of the texas finance code you are hereby notified of the following;
complaints regrading a licensed mortgage loan originator should be sent to the texas department of savings and mortgage lending 2601 north lamar suite 201 austin texas 78705. A toll free consumer hotline is available at 1-877-276-5550
This department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. a written application for reimbursementy from the rcovery fund must be filed with and investigated by the prio to the payment of a claim. for more information about the recovedry fund pplease consult the departments website at www.sml.texas.gov
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