The Maine USDA Rural Development Home Loan.
Do No Money Down Loans exist in 2023? You bet they do and there’s a good chance that you qualify.
100% Financing: The Maine USDA Home Loan
It may sound too good to be true, but it’s a legitimate mortgage program that over a million home buyers have used since 1949.
The USDA loan is a government-sponsored loan that exists to help develop rural communities by encouraging home ownership. That’s why this loan type is also known as the rural development loan.
The USDA loan is a government-sponsored loan that exists to help develop rural communities by encouraging home ownership. That’s why this loan type is also known as the rural development loan.
With the Maine USDA home loan, it could be cheaper to move into a home you buy than to rent the same house.
The Maine USDA mortgage even allows the seller to pay your closing costs. This means you don’t have to come up with a down payment, nor do you have to pay costs of opening a mortgage if the seller agrees to pay them for you. With the USDA loan, it could be cheaper to move into a home you buy than to rent the same house.
The USDA also charges $33.33 per month on every $100,000 borrowed as an ongoing fee to make the program viable for future home buyers.
Even with these added costs, Maine USDA home loans are a great opportunity to break into homeownership with little upfront costs, and fairly low monthly costs, considering the low interest rates available for this program.
ABOUT ME
Seth A. Jacobs
“I have been originating mortgages since 2004. The mortgage process requires commitment, attention to detail, patience, and perhaps more than anything, customer service. As your mortgage loan officer you will always be able to count on me to provide you with the utmost care & attention, efficient service and a competitive edge.”
– Seth
As an experienced Mortgage Broker here in Maine, my ultimate goal is to create lasting relationships with each of my valuable clients and referral partners so that I may continue providing excellent service for many years to come.
When buying a new home, planning should be your first step. Let me give you the guidance and direction to plan your future with the biggest investment most Maine citizens will make in their lifetime.
There’s a good chance that you qualify for a Maine USDA home loan

CONTACT ME
Call, text or email me today to get the planning process started. It’s free and I can assure you no pressure or obligation.

sethjacobs@leader1.com

207-831-1903
