Tag Archives: 100% financing

Don’t worry about USDA running out of money!

15 Mar

Awhile back I blogged about the USDA loan program. Read about it here. It’s big business in my local area and has helped tons and tons of people purchase homes that may not have been able to before. In short, the USDA loan is designed to be 100% financing and is in place to stimulate growth and development in “rural areas”.

Unfortunately, USDA is expecting the fiscal year of 2010 funding to be depleted by the end of April. Therefore, many lenders have stopped registering any new USDA applications as of last Friday. I would venture to say that there may be a correlation for the depletion of USDA funds and the mad dash for first time home buyers to take advantage of the $8,000 first time buyer credit.

On the flip side of that coin, applicants in need of 100% financing still have options. For instance, in lieu of the USDA loan, a borrower can seek out the Georgia Dream loan program. Georgia Dream has specifications and limitations, just like any other loan would. It is designed for first time home buyers needing down payment and closing cost assistance. There is a minimum credit score required and a maximum occupant number per household. Read about it here.

Need help finding a home? Have questions about loans, lenders or a property? Give me a call!

275 Barrister Circle Guyton Georgia

12 Oct

Erin Rowley, Coldwell Banker Platinum Partners | 912 224 0460
275 Barrister Circle, Guyton, GA
100 % Financing available, NO money down! $8,000 in your pocket at
tax time!
4BR/2+1BA Single Family House
offered at $139,900
Year Built 2005
Sq Footage 1,674
Bedrooms 4
Bathrooms 2 full, 1 partial
Floors 2
Parking Unspecified
Lot Size .75 acres
HOA/Maint $0 per month


Adorable Home for Sale in AWESOME school district. This home has been loved! This house features beautiful laminate wood floors, nice neutral paint throughout and great fixtures in common areas. Kitchen opens to backyard, which is enormous! Perfect for a Sunday BBQ, entertaining, and lots of room for children to play. Swing set will stay as well as above ground pool! Master bedroom is on main level. Big enough to accommodate king sized furniture. Master baths features dual vanities, linen closet, and walk in closet! How convenient?! Half bath is located on first floor as well. The BONUS ROOM above the garage is used now as 4th bedroom/playroom. This an exceptional deal! Come check it out!

Here is an estimate of what it would cost to live here:

If you put NO MONEY DOWN,

And paid full purchase price of $144,000,

At a 5.5% APR, for 360 months (standard)

Your Premium and Interest would be about $817 a month.

Factor in Taxes to be $115/month and $60 for insurance…

It would cost you about $875 a month to live here.

Shown by appointment anytime!
Direct (912) 224.0460
Office (912) 352.1222

Hwy 21 North (either from Garden City, or exit 109 off I-95 North)

Left on Hwy 30 (west).
Continue straight for a few miles.
RIGHT on Midland Road.
Pass through blinking light at Blue Jay,
Right on Courthouse Rd.
Left into Barrister Crossing.
Right at Stop sign.
#275 down on RIGHT


see additional photos below

– Central A/C – Central heat – High/Vaulted ceiling
– Walk-in closet – Hardwood floor – Tile floor
– Living room – Bonus/Rec room – Office/Den
– Breakfast nook – Dishwasher – Refrigerator
– Stove/Oven – Microwave – Attic
– Washer – Dryer – Laundry area – inside
– Balcony, Deck, or Patio – Yard – Swimming pool


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Contact info:
Erin Rowley, Coldwell Banker Platinum Partners
912 224 0460
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Feb 9, 2010, 4:33pm PST