Welcome to Nationwide Management Services, Inc.
Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
The full name of this program is USDA Rural Housing Guaranteed Loan Program . We’ll simplify its name here to the USDA Loan . If you prefer, our office calls it the Meat Loan.
This is the first of two articles. Article number one introduces the program’s benefits . Article two covers the qualifying aspect, which is easier than most consumers anticipate. We’ll need a program to compare to USDA, so we’ll use its closest relative, the FHA loan program.
Let’s get to the first USDA loan benefit:
1. No down payment required That’s right, USDA loans require no down payment and have a standard 30-year fixed term.
2. Nominal mortgage insurance In 18+ years of lending I’ve encountered zero home buyers who want or like mortgage insurance. Compared to similar down payment