USDA Guidelines & Rules / USDA Zero Down Loans
Some USDA Zero Down Loan questions
January 25, 2011 at 8:51 am By admin
Just fired off an email to an Investor inquiring whether USDA had a problem with him having bought the property 3 1/2 weeks ago and reselling it for profit.
Of course, answer is **NO**** !! USDA Zero Down (Rural Housing) loans do not have a “Anti Flipping” rule like FHA had.
Even FHA has waived/modified it’s Anti-Flipping policy so it’s less burdensome for investors and homebuyers. But with USDA, there are no restrictions whatsoever.
Tags: usda, usda guidelines, usda rural housing, usda underwriting, usda zero down
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