+1 vote
I recently sat down with a lender at wells fargo and she had told me while i qualified for a usda loan it would cost me $6000 for a decent rate and tried to sell me on a FHA loan.
asked Mar 21, 2018 in USDA Loans by Joe

1 Answer

0 votes
FHA, USDA, VA LOANS are government loans and rates are pretty similar. You can pay discount points to buy your rates down but normally you can get par rates on USDA LOANS or any other loans without paying points. I don't understand why you have to pay $6,000 for USDA Loan and no points for FHA. Never heard of that.
answered Mar 21, 2018 by GustanCho (106,540 points)

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