My Mortgage lender just sent me this, so I thought I would share

Beginning on October 1, 2016, the up front guarantee fee will be reduced
to 1.0% (previously 2.75%) and the annual fee will be reduced to 0.35% (previously
0.50%).  These changes make the USDA program a
very attractive financing option for borrowers that need 100% financing and
meet the USDA qualifications:

Income Limit:  No more than $75,900 for Family of 4 or less
or $100,200 for Family of 5 or more

FICO Score: minimum 620

 

Debt-to-Income:  43% or less

 

 

 

Call me today 843-882-5252 if you need to get pre approved!

 

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