If you prefer to be in a more rural setting, possibly a city with a smaller population or backing to a countryside, you may be interested in the U.S. Department of Agriculture (USDA) mortgage program which can offer no down payment, no closing costs and a low interest rate*.
Buying a newly constructed home has a lot of advantages over purchasing an existing home. When you buy a newly constructed home, whether it’s a spec or “showcase” home or one that you’re having custom built, understanding the process, from planning and financing all the way through to closing, will help you get the most of what you want in your brand-new home.
