Rural Housing Loans

Rural Housing Loans

• For purchasing a home in a USDA Rural Development defined area, you can borrow up to 102% of the APPRAISED value. 
• You can finance property improvements into the total loan up to 102% of "as improved" value. And repairs can be completed after loan closing!
• 6% seller concessions for closing costs

NOTE: Funds are temporarilly unavailable for this loan!

• Specially designed for homeowners 62 years of age or older
• A safe and highly regulated program to afford older American homeowners greater financial security
• Convert equity into cash with no payments made ever!
• Take a lump sum payment, monthly payments to YOU, line of credit, or a combination of all three
• You cannot lose your home and your heirs will still have any remaining equity in your home

High Balance Jumbo loans

Rates on loans over $417,000 have not been as attractive lately. We now have access to some great rates for this type of loan !

• Lower your monthly payment
• Cash out is now available
• Fixed rates as well as attractive ARMs
• Simple process

No-Cost Refi

Apply now for a NO-COST REFI from Upstate Mortgage

• Keep more cash in your pocket 
• Keep more equity in your home 
• Consolidate high-interest debt
• Rates only slightly higer than normal full cost loan