What a wonderful way to start the Thanksgiving holiday by witnessing two Lake Charles home buyers become home owners!
Each of these Lake Charles home buyers purchased homes that qualified for USDA (rural development financing). A USDA loan is a government loan that is 100% financing offered in eligible areas. Popular eligible areas within Calcasieu Parish include: Moss Bluff, Westlake, Carlyss, Iowa, Ragley, and areas South of Gauthier Road in Lake Charles, LA. Rural development loans are very popular in Southwest Louisiana. Many Lake Charles first time home buyers do not have a down payment and closing costs saved so the 100% financing is a great option for those who qualify for this loan. Because the loan is 100% financing buyers may have their out of pocket expense for escrow deposits and appraisal fees refunded to them at closing.
Brandon, who is 23 years old and smart to take advantage of the low interest rates by purchasing his first home, was surprised he was being refunded $785 at closing! This amount represented his escrow deposit and appraisal fee. Brandon purchased a home in Moss Bluff, LA.
I really enjoyed working with this young couple who have three little boys! They have been renting a house and were so excited to find a new construction home in Westlake , LA that qualified for a Rural Development loan. How great is that to move in to a home before the holidays and have a brand new Stainless Steel stove to cook all those holiday goodies in!
This young Westlake Louisiana couple could not believe they got $765 back at closing! That amount is going to come in handy at Christmas with those little boys.
Craig Boudreaux at Louisiana Mortgage Associates in Lake Charles processed both of these Rural Development loans in 3 weeks and we were able to close one week before our contract date! Thanks Craig, this made Thanksgiving Eve special for these homeowners! Who says the Holidays are not a good time to purchase a house?
Start making memories in a new home today. Give me a call and lets get the process started, I look forward to hearing from you! MARILYN BOUDREAUX 337-499-9592
Marilyn Boudreaux is a Full Time Licensed REALTOR in the State of Louisiana affiliated with Century 21 Mike D. Bono & Co.’s.
Copyright 2011© Marilyn Boudreaux
Marilyn Boudreaux, REALTOR® 337-499-9592
Century 21 Mike D. Bono & Co.’s
4410 Nelson Road
Lake Charles, LA USA 70605