Why USDA? Sounds like a side of beef? Actually it’s a Government Home Purchase Option that requires NO money down. This is one way they decided to assist small communities, keeping them alive with occupied homes. Eligible areas are basically anything outside Salem / Keizer, Portland Metro, Albany / Corvallis. Please do not hesitate to contact me with an address to look up for you. There have been many times when a property located in an area not normally eligible, HAS been eligible, as it can be 500 feet from the allowed city limits, and still be fine for 100% Oregon Rural Financing.
Sep 7, 2011
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