For Sale By Owners use USDA's Direct Mortgage to Sell Their Home

If you are a for sale by owner you should understand up-front that it sometimes takes two to three months to close the Direct mortgage

. In today's market that is not a big deal. In any case do not get into a contract with someone applying for this loan until they are issued a Certificate of Eligibility stating they are eligible, and how much they are eligible for. You should also know that his program has more funding available than Rural Development will ever be able to use.

For Sale By Owners use USDA's Direct Mortgage to Sell Their Home

By: Connie Sanders

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