808 Oahu Realtor (Ryan Riggins) License #RS-74740

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Oahu’s USDA Loan – only has 4 months left for the current eligible areas

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USDA_Rural_Zero_Down_Home_Loan

 

Chop! Chop! We have 4 months left with with the current eligible areas for the USDA Rural Loan Program. For your clients with little or no money for a down payment, this is the perfect loan program for them.

Files with accepted offers should be submitted on or by 09/01/2014 in order to make to USDA by 10/01/2014.

Below is the current eligible area and loan program information:

Eligible area until 10/01/2014:

Ahuiamanu, from the north north side of Haiku Road and all areas to Kahuku
Central Oahu from Whitmore Village, north to the North Shore and the Kunia Area
Ewa Beach
Kapolei
Makakilo
The entire North Shore
The entire Waianae Coast
Village Park and Royal Kunia subdivisions
Waikele
Waimanalo from Olomana Golf Course to Sea Life Park
Waipio Acres
Windward Oahu from Kahuku, south to Ahuiamanu

Loan Program Information:
100% Financing (No down payment)
2% Guarantee Fee can be financed into the loan (102% LTV)
Not limited to first time home buyers
Mortgage insurance does apply (estimated at $33 per month for every $100,000…example on a $300,000 MI would be $100 per month)
Mortgage Credit Certificate (MCC) can be applied (first time home buyer tax credit program)
Income restrictions apply – Household of 1-4 people: $118,450 and Household of 5- 8 people $156,350

It will be a privilege to assist you to home ownership. Please contact me for more information or any questions you may have.

Author: Ryan Riggins (RA)

Ryan started building his businesses at the age of 18, and he hasn't stopped since. He is a successful Real Estate Agent and Investor. He not only has rehabbed properties, but also holds properties as rentals. Ryan has made money by building his real estate investment business, learning on his own, and finding mentors willing to share their knowledge with him. Ryan is a true Entrepreneur. When Ryan Riggins found himself making a change to Real Estate in 2006, he looked back to his first open house at the age of seven with his Mentor/Broker and father John Riggins. In 2006 Ryan was living in Ohio, he realized it was time for a change. He packed up and moved to Port Lavaca, Texas. He literally rolled into town on his last tank of gas, and lived in a old burger joint, and knew he needed to come up with money to pay his Mortgage. Ryan teamed up with his father and started rehabbing Mobile Homes. Ryan kept working until he had put systems in place for all phases of the business. He has a system for finding properties, to finding contractors for remodeling Flipping and Renting. Ryan continues to works as a Realtor with his father John Riggins as his broker and Rehabbing homes, doing about 4 deals a month. This is his passion. He loves the adrenalin rush, and yes Rehabbing can be a little stressful. In fact, Ryan says: "You've got to have ice water running through your veins." In the course of Rehabbing, Ryan manages to beautify his properties, and the surrounding neighborhoods one step at a time. Ryan enjoys helping others Build Wealth through Real Estate. Whether it be the first time home buyer or the experienced investor or helping distressed home owners sell to avoid Foreclosure. To Ryan its all about building life long friendships.

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