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Rural Development Loans, Little know but may be a fit for your needs!

     Rural Development is a USDA loan program.  This loan is 100% financing (no down-payment is required).  It is available for Jefferson Parish which includes Kenner but excludes Metairie and River Ridge. It is available in Slidell and all St. Tammany Parish.  There is no monthly Mortgage Insurance Premium with this loan.  The rate is a 30 year fixed rate at market interest rates.  There is no maximum loan amount.  Please feel free to give me a call if you have any questions.        Julie Baudier  

      Its hard to keep up with all the loans and programs.  I rely on a professional such as Julie to keep me up with all the niche products that few of us have heard about.  However if if fits your needs it can be great.  The state bond money ran out today but there is a similar program in Jefferson parish that still has funds left.  Julie will keep you updated.

             Julie Baudier 504-583-1793       

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Eric Bouler Realtor
Gardner Realtors
Metairie - New Orleans, La. USA