The USDA provides 100% financing for borrowers in a rural area that meet certain income restrictions. What happens, though, when the appraiser says the home does not meet the USDA guidelines? Normally, you’d be out of luck – no bank would write the loan. Luckily, there is the USDA Escrow Holdback Program, though. With this program, you can buy your home and pay for the repairs all with one loan. Looking for Current Mortgage Interest Rates? Click Here. What is the USDA Escrow Holdback Rehab … [Read more...]