Wednesday, March 18, 2009

Are you missing out???

American Recovery and Reinvestment Act of 2009

Are you missing out???

Check out the information below on Rural Housing Loans!!! Did you know that most houses in Nelson County are eligiblible for RHS!!! Please call or email me for more information, Julie Moore, Betty Seay Team 502-349-0051 or bettyseayteam@bellsouth.net

Rural Housing Service – The bill provides an additional $500 million to existing USDA Rural Housing programs. The RHS provides both a guaranteed loan program and a direct housing loan program for those meeting the program’s eligibility criteria. The direct loan program will receive $270 million while $230 million will be allocated for unsubsidized guaranteed loans. It has been reported that this level of funding would provide for an additional 192,000 homeowners.