Amazines Free Article Archive
www.amazines.com - Sunday, December 09, 2018
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133272)
 Advice (160772)
 Affiliate Programs (34733)
 Art and Culture (73641)
 Automotive (145537)
 Blogs (75006)
 Boating (9841)
 Books (17129)
 Buddhism (4122)
 Business (1328031)
 Business News (426289)
 Business Opportunities (366242)
 Camping (10949)
 Career (72749)
 Christianity (15837)
 Collecting (11636)
 Communication (115049)
 Computers (241940)
 Construction (38970)
 Consumer (49644)
 Cooking (17058)
 Copywriting (6567)
 Crafts (18210)
 Cuisine (7535)
 Current Affairs (20373)
 Dating (45769)
 EBooks (19684)
 E-Commerce (48190)
 Education (185126)
 Electronics (83431)
 Email (6389)
 Entertainment (159786)
 Environment (28928)
 Ezine (3038)
 Ezine Publishing (5443)
 Ezine Sites (1552)
 Family & Parenting (110881)
 Fashion & Cosmetics (196378)
 Female Entrepreneurs (11840)
 Feng Shui (130)
 Finance & Investment (310216)
 Fitness (105812)
 Food & Beverages (62819)
 Free Web Resources (7936)
 Gambling (30211)
 Gardening (25064)
 Government (10517)
 Health (629034)
 Hinduism (2159)
 Hobbies (44026)
 Home Business (91542)
 Home Improvement (251225)
 Home Repair (46099)
 Humor (4805)
 Import - Export (5444)
 Insurance (45088)
 Interior Design (29541)
 International Property (3485)
 Internet (190953)
 Internet Marketing (146282)
 Investment (22822)
 Islam (1168)
 Judaism (1357)
 Law (80450)
 Link Popularity (4592)
 Manufacturing (20807)
 Marketing (98728)
 MLM (14136)
 Motivation (18211)
 Music (26997)
 New to the Internet (9475)
 Non-Profit Organizations (4048)
 Online Shopping (129604)
 Organizing (7797)
 Party Ideas (11854)
 Pets (38083)
 Poetry (2234)
 Press Release (12667)
 Public Speaking (5620)
 Publishing (7522)
 Quotes (2407)
 Real Estate (126602)
 Recreation & Leisure (95239)
 Relationships (87430)
 Research (16153)
 Sales (80293)
 Science & Technology (110124)
 Search Engines (23445)
 Self Improvement (153070)
 Seniors (6221)
 Sexuality (35935)
 Small Business (49277)
 Software (82918)
 Spiritual (23459)
 Sports (116459)
 Tax (7658)
 Telecommuting (34074)
 Travel & Tourism (306894)
 UK Property Investment (3117)
 Video Games (13420)
 Web Traffic (11723)
 Website Design (56782)
 Website Promotion (36556)
 World News (1000+)
 Writing (35758)
Author Spotlight
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more
MOBILE STYLES

Mobile Styles, the leading on-demand Beauty & Health app in the U.S. delivers talented professionals...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
KJ NEWSWIRE

At KJNewswire, we deliver web-based press release distribution services, which help our clients acqu...more
GEOFF LAUGHTON

Over the last 22 years, I’ve been on a self-renaissance facilitated by many transformational worksho...more


Wishing for a Home? You can now have your own place that one calls Home by Vikram kumar






Article Author Biography
Wishing for a Home? You can now have your own place that one calls Home by
Article Posted: 09/20/2018
Article Views: 134
Articles Written: 10702
Word Count: 639
Article Votes: 0
AddThis Social Bookmark Button

Wishing for a Home? You can now have your own place that one calls Home


 
Finance & Investment
Home is where one belongs and no matter wherever one goes, it is just Home he comes back to. But is acquiring a house that you can call home that easy? No, it is not that easy for the people who live in the rural areas because most of them can’t afford buying one. Do you know there is this facility called the USDA Home Loan to help people approve a home loan and then Congratulations you now own a house?

Well, it is not that easy as it looks like though, there are procedures and most importantly there are criteria known as USDA Loan Qualifications that one must qualify in order to get their loans approved.

What is USDA Home Loan? It is a home loan program organized by the USDA loan program which stands for United States Development of Agriculture in order to help the people of rural areas who are mere property owners build their own homes. And, rural areas don’t just mean the suburban area but also includes town and semi-rural area which has the population of less than 20,000. It is a mortgage kind of loan where people having low to moderate incomes can apply for a home loan and the USDA Home Loan initiative helps in achieving it.

What are the Home Loan Qualifications?

There is a list of important criteria that one needs to fulfil so as to qualify himself for apply for a Home Loan. Here you go how-

• As far as the Income limits to qualify for a House Loan is concerned, it totally depends on the location where you want a house and on the size of a home. • This one is the first and primary criteria which is to have a U.S. Citizenship. • There are certain standards which the U.S. Department of Housing and Urban Development sets for the houses that want a home loan approval and your house must meet those. • Your credit and income history play a major role to make you quality for a Home Loan. The annual earning of yours should not exceed 115% which is the limit for the median income of an area. Also, you shouldn’t be qualifying for any kind of conventional mortgages. • You cannot use more than 41% of the household income to pay off the debt so, even this plays a plus rule to follow.

• If you have a low credit score or a bad credit history, then you might not qualify for the loan. A low credit score is still okay but not a bad credit history. A credit score of 680 and above surely qualifies you for a home loan. • There is this important formula that marks a major qualification which is the amount you pay every month against your debt should not be more than 29% of your monthly income. Tips to make Home Loan Qualifications be accessible: -

One should always approach a verified institution or an approved lender for apply for the loan because they have proper knowledge on the subject which really helps.

The first thing a lender looks for is your income status because it shouldn’t be above the median income and shouldn’t be low enough for you to have a problem while repaying the loan.

Even the employment history plays a key role so as to check whether there was a static unemployment for years and if so, then why. The Home Loan approval focuses on stability in repaying the loan.

The United States Department of Agriculture has this important role to play in making Home Loan an accessible facility for the people of the rural areas. It is to help people find a safe, clean and the best homes for them. All you need is USDA Home Loan and fulfil the USDA Loan Qualifications .

Related Articles - USDA Home Loan, USDA Loan Qualifications,







Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance

World News


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
NANETTE VICTORIA

Nanette Victoria Spiritual Coach and Intuitive Guide (over 27 years experience) Spiritual Ministe...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
JAVIER VBOIX

For the time being just a newbie in the Insurance Industry but a quick learner, soon-to-be expert Ja...more
SANDY FISCHEL

Sandy Fischel is the marketing director at And Above All YOGA, a wholly owned division of The Fische...more
CHRISTOPHER EVANS

Christopher is based in the U.K. and is the author and founder of Critical Eye. ...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2018, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license