Last year, the United States Department of Agriculture (USDA) lowered upfront and monthly fees for its home loan program. This mortgage type is extremely popular with first-time homebuyers as it offers 100 percent financing and requires zero-down payment. It also comes with cheaper monthly mortgage insurance fees than do FHA loans and applicants with credits scores down to 640 are eligible.

“The USDA fee reduction announcement is in stark contrast to the agency’s history of increasing...

Whether you are purchasing your first home, deciding to upgrade, downsize or purchase another property, Flossie Lancaster, of First Funding, Inc. has the experience and the expertise to guide you along ever step of the way.

Flossie, a seasoned Home Buyer Seminar Specialist has over 25 years of experience representing mortgage corporations, banks and other lending institutions and can give you expert advice before you put in an...