You can do a lot with the USDA loan, which many people don’t realize
It’s a common myth to believe that you can only buy an existing home with this loan program. In reality, you can even buy land with it. However, you will need to have plans for that land. You will have to build a home on it pretty much right away in order to qualify for USDA financing.
Finding the Right Land
Just like buying a house with USDA financing, you have to find the right one. (more…)