USDA Loan Slidell, Louisiana
Best Rates & Financing a Home using USDA Loans for Slidell Louisiana Rural Homes
Slidell is a quiet, friendly and brimming with southern hospitality and is a gem in southeastern Louisiana on the north shore of Lake Pontchartrain. There are lots of festivals, a swamp with elusive alligators, delightful shopping, fine dining and excellent accommodations. In fact, many of the things that make Slidell such a great place to visit also make it a great place to live.
In Slidell, square dancers gather, prize winning camellias are displayed and softball championships are decided, during Mardi Gras parades
and cabbages during the St. Patrick's Day parade you can catch the famous beads. The community gathers every spring to enjoy a free symphony concert in Heritage Park, and celebrates the spring and fall seasons, which bring the Bayou Jam Concert Series.
From boiled shrimp overlooking the marina to crawfish fettuccini by candlelight; from po-boys in the park to a snowball in Olde Towne; red beans at the diner to gourmet coffee at a sidewalk table Slidell is a great place to eat. There's even a steak house so popular it doesn't even need a sign.
Live oaks drip with Spanish moss, loblolly pines stretch five stories tall, beds of Louisiana irises nod in the breeze,
a graceful white egret tiptoes between the cattails. Photo opportunities abound. A hidden world can be discovered from a flat bottomed boat gliding through the dark waters.
Five star shopping awaits at North Shore Square, the only regional mall that offers five anchor stores, plus a variety of specialty shops. You can shop till you drop.
Slidell is on the way to anywhere. At the intersection of three major interstate highways, it's just the right place to stop and relax. Slidell is close to the technology at Stennis Space Center and Lockheed Martin Manned Space Systems, the glitz of New Orleans and the beaches of the Mississippi Gulf Coast. (http://www.city-data.com/city/Slidell-Louisiana.html)
A USDA home loan is considered to be a Rural Housing Loan program that is insured by the U.S. Department of Agriculture that gives home buyers a no down payment financing option in rural areas. A USDA loan offer 0% down payment to qualified home buyers and allow the closing costs to be paid by the seller or financed in the loan. A USDA loan offers the lowest interest, and the USDA loan will always have fixed interest rate
There are a quite a few benefits that you should look at when you are trying to consider whether or not a USDA loan is right for you and your financial situation. A USDA loan does not require you to be a first time home buyer. A USDA loan allows for all types of individuals that fall within the 115% of the median income for your area to be eligible for these benefits. A USDA loan is intended for middle income families, who fall within the income limits that are honored in your state, county, and family size. A USDA loan allows for home loan amounts to be up to 102% of the appraised value of the property.
There are also several other benefits in getting a USDA home loan:
- Low mortgage insurance premium USDA loan has flexible credit terms.
- A USDA loan can offer an advantage to families who would otherwise not qualify for ordinary loan programs.
- Another great benefit of a USDA loan is that this program allowed all property, Suburbs, Towns, and Rural areas, Single family homes, Condos, Townhomes, and Newly Constructed house can be included in a USDA Loan.
You will want to contact one of our agents in USDA Home Loan Slidell to see what your choices are.