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Tinas Florida Home Loans offers Florida USDA Home Loans through the U.S. Department of Agriculture (USDA). The Florida USDA offers a variety of programs to help low to moderate-income individuals living in Florida small towns or Florida rural areas achieve homeownership. The Rural Housing Service (RHS) helps qualifying applicants, who cannot receive credit from other sources, purchase modestly priced Florida homes as their primary residence.

Florida USDA Home Loans are an attractive option because of:

•Minimal closing cost
•Low or no down payment
•Permanent Owner-Occupied homes only
•No cash reserves required
•No First Time Homebuyer Requirement
•New and existing homes OK
•Fully amortized 30-year fixed rate loan
•100% gifted closing cost is permitted
•Non-traditional credit may substitute for lack of traditional credit history
•No Mortgage Insurance
•No seller contribution limit
•No Prepayment Penalty
•Loan amount can include closing costs and prepaids up to 102% of appraised value
•No minimum cash contribution required from borrower

RHS loans can be used toward the purchase and renovation of a previously owned home or a new construction. Families must be able to pay their monthly mortgage, homeowner's insurance and property taxes.