Arkansas Real Estate | Deaton Group Realty

Little Rock, North Little Rock, Maumelle, Bryant, Benton, Sherwood and surrounding areas

Little Rock AR Real Estate

Rural Development Loans Restored

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The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its way to President Obama.  The National Association of REALTORS® has vigorously lobbied to restore funding for the rural program since last March, and hailed this development as a great victory for rural home buyers.

This means that there will be more 100% loans available for home purchases in our surrounding rural areas.  What are rural areas?:  Benton, Bryant, Alexander, Mayflower, anything outside the city limits of LR or NLR.  We have a great deal of homes that qualify for these rural areas.  100% financing plus low, low, low interest rates.  Jump on them!

 

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By: on July 30th, 2010 Category: Uncategorized