If you're a buyer these days, the pickings are pretty slim when it comes to loan options.  If you've got 20% to put down, you can go conventional.  With 3.5%, you can go FHA.  But if you have little (or none) to invest, your best (and probably only) option is to apply for a federally funded loan through the USDA called Rural Development.  These loans are great in a lot of ways - no money down, you can write in your closing costs, and there is no monthly private mortgage insurance required.  The downside is that these loans have more red tape and the government is picky about the home you buy, making it harder and harder for buyers to find suitable homes in their price range.  Until now!  If you are a buyer working on one of these loans, take a peek at this home and see what you think.  The home inspection is done, the seller just reduced the price, and they are offering a $4,000 credit to the buyer at closing toward closing costs or whatever you need!  Contact Sommer for more info!