USDA Area Eligibility Remains Uncertain
If you want to buy a home in Birmingham’s Chelsea or Calera area using USDA no-down-payment financing, you may be wise to buy sooner, rather than later.
March 27th is the deadline by which earlier reports indicated that USDA would be dropping those areas from its list of eligibility.
But Gloria Jackson, a Lender with First Federal Mortgage in Birmingham who has spoken with USDA, says exactly what will happen by the end of the month remains unclear:
You can reach Gloria by calling 205-965-2167. Click here for her website and e-mail link…
David
Posted on March 6, 2013, in Real Estate and tagged alabama, birmingham, calera, chelsea, financing, first federal mortgage, gloria jackson, homes for sale, house for sale, lender, mortgage, no down payment, usda. Bookmark the permalink. Leave a comment.
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