Many calls come in each day asking if there are any "Zero Down Programs". The answer is a uqalified yes. A great program exists through the "Rural Development Program" offered by the USDA. I say 'qualified' yes as there are income limits wherein a family cannot earn 'too much' (yes, too much, not just too little). Depending on the number of family members there are income maximums. Check with your lender (or me )if you would like to know if you qualify.

The other criteria is that the RURAL DEVELOPMENT PROGRAM has a geographical boundry in each county. USDA.GOV web site posts the areas or, again, call or e mail me and I can explain and tell you which areas work. Generally in Southwest Florida (but keep in mind our company is licensed in all Florida and Tennessee) the following general areas work for THE RURAL DEVELOPMENT PROGRAM: Lehigh Acres, San Carlos Park and North Fort Myers east of approximately SR 31. In Collier County THE RURAL DEVELOPMENT PROGRAM is useable is virtually the entire county. Also THE RURAL DEVELOPMENT PROGRAM is useable in all Hendry County.

The nice features of THE RURAL DEVELOPMENT PROGRAM aside from ZERO-DOWN is that all closing costs and pre-paid expenses (such as homeowners insurance, etc) can be built into the loan.

There are some quirks with this program (would you expect anything less from a government program? ) but there are so many positive aspects to THE RURAL DEVELOPMENT PROGRAM that its popularity is growing by leaps and bounds.