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Borrowers will run into several mortgage loan options during their homebuying journey. A unique program that’s the perfect choice for some buyers is the USDA home loan. Let’s look at the history of this loan program, how it works, and what makes a property eligible for it. What Is a USDA Home Loan? A government-backed … Continue reading History and Background of the USDA Home Loan
KNOXVILLE, Tenn. – The U.S. Department of Agriculture has recognized Mortgage Investors Group as the top rural housing lender in Tennessee for 2022. The department’s Rural Development office recognized MIG with the same award since 2015. In addition to being the state’s top volume lender, MIG was also recognized as having the lowest default rate … Continue reading MIG named #1 TN USDA lender for 2022
Homebuyers need to cover several types of expenses during their purchasing journey. One of those are the closing costs associated with securing the loan. Sometimes these costs make buyers think twice before moving forward with their plan. If you’re getting a United States Department of Agriculture (USDA) home loan, the requirements may be different from … Continue reading USDA Loan Closing Costs: Can They be Rolled into Your Loan?
When you’re buying a home, you need to make sure you get the best price possible. You also need to work with a mortgage loan company to find the lowest interest rates and the loan that works for you. There are several loan programs to choose from, and the USDA loan might be your top … Continue reading Handy Homebuyer Information: Understanding USDA Home Loan Guidelines
KNOXVILLE, Tenn. – The U.S. Department of Agriculture has recognized Mortgage Investors Group as the top rural housing lender in Tennessee for 2020, company officials announced today. The department’s Rural Development office recognized MIG with the same award since 2014. In addition to being the state’s top volume lender, MIG was also recognized as having … Continue reading MIG named #1 TN USDA lender for the 7th consecutive year
Finding the best mortgage loan for you can seem daunting. There are so many choices! The good news is that with a little research and a smart loan officer, you are sure to pick the right one. Who knows? It may even be a USDA home loan. Not sure what a USDA loan is, or if you … Continue reading Frequently Asked Questions Regarding USDA Home Loans
