- No required down payment
- Must be a Veteran, Active duty or Reserve member to be eligible.
- No Monthly Private Mortgage Insurance
- Seller can pay up to 4% towards closing costs
- No Prepayment Penalty
100% VA Financing Available
- Credit scores down to a 600 FICO
- Borrowers may be eligible to purchase a home two years after a Bankruptcy discharge.
(Borrower must re-establish a good credit history).
- Manufactured Homes allowed (require a 680 FICO score).
- 100% financing available
- NO sales price restrictions, NO cash reserves and NO limit on seller contributions
- Competitive Interest Rates
- Closing costs may be financed if the appraised value is higher than the sales price
- No minimum credit score, however borrower must still credit qualify
- Non-traditional credit is allowed
- Property must be located in an eligible rural area
- Income restrictions apply
- Contact a Guild Loan Officer to find out if your area is USDA eligible