How Do I Know if a Home is Located in USDA Financing Territory?

The USDA provides an interactive map where you can either type in a specific address or view an eligibility map for a general area.  You will find that most of Indiana is eligible for USDA financing! The interactive map below is a little more user friendly the maps of days gone by! We hope you’ll find the following helpful… Here’s how to use the map: Click here to be directed to the USDA eligibility map.   Click “Single Family Housing” (under “Property Eligibility”) “Accept” the terms Type in the address of the property you want to check OR Zoom in on the map to the general area you are wanting to research Feel free to contact us should you have more questions regarding USDA...

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Do Zero-Down Mortgages Still Exist?

It’s just not like it used to be! That applies to many situations… include mortgages. There is so much talk these days concerning income, assets and higher credit score it takes to qualify for a mortgage. Perhaps one of the most misunderstood conceptions out there today suggests homebuyers will always need at least 20 percent down to qualify for a mortgage. That could not be further from the truth. The truth is, home loans are still available with no money down. There are several ways to get a zero-down home loan. USDA Rural Housing programs, VA loans for veterans, and FHA mortgages combined with down payment assistance all achieve the zero-down objective. Here is a rundown of the USDA program and what is required. USDA Rural Development Home...

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The Keep Reading This Summer With 3000 Online Books…For FREE!

The Indiana Department of Education is trying to make it easier for students to keep up with their reading during their summer vacation. The DOE is making 3,000 books available online for free through its website in a partnership with MyON. The reading program matches students’ interests and reading levels with content to personalize their learning. The books are available online anytime.  And kids can download up to 20 books to read offline using free mobile apps. The program is being promoted through Indiana’s Hoosier Family of Readers summer reading initiative.   Through the Hoosier Family of Readers initiative, students and their families across the state will have unlimited access to reading material on myON, giving families an...

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Energy Savings Tips For Your Home

Energy Savings Tips For Your Home Indiana winters bring cold air. Some days are colder than others. (as we have found to be true this week!) Winter also means larger electric bills. For most people, heating systems account for the the biggest portion of our electric bill.  Following are some tips that may save you a little money: Fireplace Getting your fireplace ready before winter will result in savings. Fall is the best time to clean and repair your fireplace. However, one tip that can save you money now in the midst of winter is to turn down your alternative heat source when you are using your fireplace. This will save you as much as 8% on heating cost. Furnace The furnace will work extra hard if the filter is full of dust. To avoid this, make sure that your...

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Things That May Stand Between You and Getting a Mortgage

If you or someone you know has been in the housing market recently, it’s likely you’ve experienced or heard that the process of getting a mortgage can be tough. Since the housing bubble burst (due in large part to just about anyone with a pulse qualifying for loans), the process has become much stricter. There are several things that may stand between you and getting the mortgage you need to buy the house of your dreams. Following are 5 to consider: 1. More Cautious Lenders After endless foreclosures, a recession, and bailouts, the last thing the banks want to do is repeat what happened in the mid-2000’s. As a result, they’re opting on the side of caution when it comes to lending money these days. Today, you’ll discover that lending...

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Before You Begin The Task Of House Hunting…

  Before You Begin The Task Of House Hunting… The thought of purchasing a home, especially for first time home buyers, may seem like a daunting task. House hunting is a big job; but the sheer size of the loan itself to obtain a home is enough to give anyone butterflies in the stomach! If you follow a few simple guidelines, you can make working with your banker or mortgage lender to get you the loan you need to purchase the home you desire. Whether you are working through a mortgage banker or another lending institution, here are a few guidelines to help you get started on the right path and not only avoid potential pitfalls, but also will be a great tool if you currently do not qualify for a mortgage loan. Everything Starts with Your Budget Before...

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