Dozens of rural Treasure Coast residents get home loans backed by USDA
Monday, October 5th, 2009 by TCPalm.comWhen Michelle Holmes, bought her Martin County town house, she never thought she’d be securing a loan guaranteed by the U.S. Department of Agriculture.
“It was really easy to work through,” Holmes said about buying her $120,000 town home late last year. “It had a really quick turnaround time.”
Without a down payment and good credit score, she was able to secure a Rural Development Home Loan, backed by the USDA, through Palm City-based East Coast Mortgage Lenders.
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