Amazines Free Article Archive - Friday, December 06, 2019
Read about the most recent changes and happenings at
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
Subscriptions Manage Ezines
 Article Archive
 Advertising (133321)
 Advice (160961)
 Affiliate Programs (34735)
 Art and Culture (73689)
 Automotive (145679)
 Blogs (75057)
 Boating (9840)
 Books (17218)
 Buddhism (4125)
 Business (1328590)
 Business News (426310)
 Business Opportunities (366263)
 Camping (10962)
 Career (72734)
 Christianity (15844)
 Collecting (11637)
 Communication (115054)
 Computers (241957)
 Construction (38997)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20388)
 Dating (45779)
 EBooks (19687)
 E-Commerce (48204)
 Education (185252)
 Electronics (83498)
 Email (6392)
 Entertainment (159832)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196390)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310272)
 Fitness (106132)
 Food & Beverages (62868)
 Free Web Resources (7938)
 Gambling (30225)
 Gardening (25108)
 Government (10513)
 Health (629545)
 Hinduism (2205)
 Hobbies (44043)
 Home Business (91557)
 Home Improvement (251358)
 Home Repair (46134)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29550)
 International Property (3485)
 Internet (190988)
 Internet Marketing (146336)
 Investment (22824)
 Islam (1167)
 Judaism (1356)
 Law (80487)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98775)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129616)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126625)
 Recreation & Leisure (95278)
 Relationships (87562)
 Research (16158)
 Sales (80322)
 Science & Technology (110220)
 Search Engines (23453)
 Self Improvement (153101)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49285)
 Software (82995)
 Spiritual (23465)
 Sports (116081)
 Tax (7658)
 Telecommuting (34067)
 Travel & Tourism (307413)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56827)
 Website Promotion (36569)
 World News (1000+)
 Writing (35770)
Author Spotlight

Former English Teacher; Musician (20+ years); Freelance Writer ...more

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more

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

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more

USDA Home loans VS FHA loans- A comparative study by Vikram kumar

Article Author Biography
USDA Home loans VS FHA loans- A comparative study by
Article Posted: 09/26/2019
Article Views: 83
Articles Written: 10901
Word Count: 573
Article Votes: 0
AddThis Social Bookmark Button

USDA Home loans VS FHA loans- A comparative study

If you are planning to buy a home, you can opt for the FHA loans or USDA Rural housing loan. But sometimes, it becomes a bit confusing to choose for anyone for them. And for that reason, we are going to provide you with a comparison between the USDA loans and the FHA loans. It will assist you to make a precise decision. Therefore, if you are living in Tennessee and searching for the USDA home loans in Tennessee or FHA home loans, Tennessee, look nowhere else. Here is the comparison that we are talking about.

USDA home loans

Well, as the name suggests, USDA home loans are the brainchild of the U.S. Department of Agriculture. The main motto of this loan was to help the farmers as well as families with low income. This loan will help them to get a home in the different rural parts of the country. The exceptional part about this loan is that almost all of America is eligible to get this loan. According to the definition of rural areas by USDA, 97% of America falls under that definition.

Benefits of USDA loans

Now, let us fathom the benefits of the USDA loans. • No down payments. • Low premium on mortgage insurance. • Mortgage rates are pretty competitive. • They accept the high debt-to-income ratios. • They are best for the low household’s income.

Requirements of USDA loans

• Minimum credit score of 640. • The property must be located in the eligible location of USDA. • The income limit shouldn’t cross the 115% of the area median income. • You must have steady employment of 2 months. • There shouldn’t be any late mortgage payments in the last 30 days. FHA loans

The first thing about Federal Housing Administration Loan that you must know that is you have to pay a sizeable down payment. The next thing about the FHA loan is that you need to have a brilliant credit score to avail this. Well, this is the most famous loan amongst first-time buyers. This loan is compatible with the people who don’t have much money to spare. One of the significant facts about FHA is that they don’t issue mortgage loans. Instead, they ensure the loan. When a borrower evasions on the mortgage, the FHA pays the remaining amount to the lender. After that, they take ownership of the house.

Benefits of FHA loans • The interest rates are pretty low. • Bothe fixed, and adjustable rates are available in case of the mortgages. • Fixed-rate mortgage terms are for 15 years and 30 years. • Besides, the low credit score is required. • The down payment is only 3.5%. • Compared to conventional loans, it is easier to qualify.

Loan requirements for FHA • You have to pay the down payment of 10%, and your credit score must be 500-579. • If your credit score is 580+, the down payment will be 3.5%. • An FHA appraiser must do the home appraisals. • There shouldn’t be any late payments regarding mortgages in the last 12 months. • You have to wait for two years after you witnessed a bankruptcy. • This loan applies only to owner-occupied borrowers.

Well, if you can meet all the requirements, we would suggest you opt for the USDA Home Loans Tennessee or USDA Rural Housing Loan . Unlike the FHA loans, you don’t have to bother about the down payments. Also, USDA has lower mortgage insurance rate than the FHA.

Related Articles - USDA Home Loans Tennessee, USDA Rural Housing Loan,

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:
*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 
Register for Author Account


Advertiser Login


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


Great Paranormal Romance


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

Stevert Mckenzie, Travel Enthusiast. ...more

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

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

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

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

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

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from under the GNU FDL license