Q: My friend told me I can get a loan in the country with 100 percent financing, is this true? What kind of loan is it?A. That is a great question because in fact there is such a loan product.The USDA, the same federal government agency that inspects farms and rates the steaks you buy at the grocery store, offers a home loan program in which there isn’t a down payment requirement when you purchase a home.
Source: Answering your mortgage lending questions
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