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  2. USDA loans: What are they and am I eligible? - AOL

    www.aol.com/finance/usda-loans-am-eligible...

    USDA loan fees. USDA mortgages come with two fees: Upfront guarantee fee: The upfront guarantee fee this fiscal year is 1 percent of the loan amount. For example, for a $100,000 loan, this fee ...

  3. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    Mortgage Insurance: USDA Loans require 1.0% of the loan amount in up front funding fee, and a monthly mortgage insurance premium based on up to 0.5% of the balance annually. The annual premium is divided by 12 to arrive at the premium charge per month.

  4. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    A USDA loan has both an upfront and annual fee, which are a percentage of the loan principal, in order to sustain the guarantee from the USDA. These fees are charged to the lender but usually ...

  5. Section 502 loans - Wikipedia

    en.wikipedia.org/wiki/Section_502_loans

    Section 502 loans are a rural housing loan program, administered by the Rural Housing Service (RHS), authorized under Section 502 of the Housing Act of 1949. Borrowers may obtain loans for purchasing or repairing new or existing single-family housing. Loans are made directly by RHS (7 CFR 3550) or by private lenders with a USDA guarantee (7 CFR ...

  6. Looking to refinance your FHA mortgage? Make it easier and ...

    www.aol.com/finance/looking-refinance-fha...

    Hold a government-back mortgage: In addition to FHA-backed loans, mortgages backed by the U.S. Department of Agriculture’s (USDA) or the Department of Veterans Affairs (VA) also qualify.

  7. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Ginnie Mae, formerly the Government National Mortgage Association, which originally only provided insurance for bonds issued by FHA and VA mortgages in special affordable housing programs. [3] In 1970, Ginnie Mae became the first organization to create and guarantee MBS products and has continued to provide mortgage funds for homebuyers ever since.

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