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View Full Version : USDA "502" mortgage loans anybody?



trlcavscout
10-03-2010, 21:31
Looking at buying a house and we ran across this loan option for "rural" properties. We are looking at buying out by the Pawnee grasslands so i think this loan would work? Its for "low/very" low income people [ROFL1] And yes even working for one of the largest companies in the country, with one of the highest paid CEO's I qualify as "very low" income with 2 kids [ROFL2]Just wondering if anybody has used these or know anymore about it then the web site tells? I am gonna go down to the USDA and mortgage tomorrow and check it out.

ChunkyMonkey
10-04-2010, 00:13
Does it mean you are qualified now? :D

trlcavscout
10-04-2010, 09:21
I will find out?

rockhound
10-06-2010, 08:50
pm sent