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Health & Fitness

Oxford, CT Homes for Sale Eligible for 100% USDA Financing

Astute Home Buyers in Oxford are very interested in the USDA Guaranteed Rural Housing Development Mortgage.
Here’s Why …
o  Up to 100% Financing of the Appraised Value to purchase eligible Single-Family Owner-Occupied Homes in Oxford, CT
    - No Down Payment Required
o  Able to Finance the Closing Costs when Appraised Value is more than contracted sales price. 
     - Buyers can purchase with little out of pocket money   
     - No need to negotiate seller concessions 
o  Low monthly Mortgage Insurance Premium
     - MI is generally 1/3 the cost of FHA MI
o  One 30-Year Fixed Rate Mortgage at today's low interest rates
o  No Pre-Payment Penalty. No Recapture Tax like CHFA.
o  No Cash Required from Buyer. No limit on Gift Funds.
o  No First Home Buyer Requirement
o  Cows and Chickens not necessary

Call Me at 860.945.9284 to discuss the right mortgage option for your family and to take advantage of my FREE Mortgage Pre-Approval service. Then call your agent to schedule a showing and be ready to make an offer.

With today’s attractive rates, you just might be able to move in to your new home in Oxford with a minimal out-of pocket expense for a down payment and closing costs. 

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