Fair Housing Act
The Fair Housing Act prohibits discrimination in housing on the basis of: race, color, national origin, religion, sex, familial status or handicap (disability).

USDA Loans are for non-farm homeowners in rural areas and are also for rural housing development. To be eligible for a USDA Loan, borrowers must be purchasing a property in a rural area as defined by the United States Department of Agriculture (USDA).  Rural Housing Service guarantees loans up to 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan.

There are a few different kinds of USDA Loans:

Guaranteed Loan – this loan helps low-to-moderate income borrowers the opportunity to build, rehabilitate, improve or relocate a primary residence in an eligible rural area.

Direct Loan – this loan assists low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability.

Rural Repair & Rehabilitation Loan – this loan assists low-income homeowners repair, improve, or modernize their dwellings or to remove health and safety hazards.

Contact First Florida Financial, Inc. NMLS # 392021 if you think a USDA Loan is for you!