WHY CHOOSE AN RHS LOAN?
If you have excellent credit scores you may still choose the RHS Program. In comparing a zero down, no PMI RHS versus a 5% down program with PMI, most people choose the RHS Program and the keep their money. Also, the RHS Program versus FHA and VA loans, the FHA and VA programs have PMI. This is another reason people of all walks of life choose the RHS Program. – NO MONEY DOWN! This means exactly what it says: you don’t make a down payment; no hidden fees, no surprises, nothing. In fact, in most cases you can even roll your closing costs into your loan. With the exception of an initial $20.00 credit report fee, most transactions occur without any out-of-pocket expenses. – FLEXIBLE CREDIT GUIDELINES! The RHS program is designed to put you into a home, not keep you out. Many times past credit problems can be worked through as the guidelines focus on the last 12-24 month history. Even bankruptcies are acceptable as long as they have been discharged for 2 years. NO CREDIT? Don’t worry, we c
