Nevada VA Rural Home Loans - Veterans Rural Home Financing
Nevada VA Rural Home Loans are designed for Nevada veterans who wish to finance a home in rural area. For eligible veterans, 100% financing is available and the seller is allowed to pay up to 4% of closing costs, making it possible to close with no money down.
Family farm animals such as horses and 4-H Project animals and barns are allowed to be on the property. Revenue producing agricultural activity in not allowed.
- Minimum loan amount is $100,000
- Maximum loan amount is $417,000
- 100% financing available for excellent credit
- Seller can contribute 4% to closing costs
- Cash out refinance to 90% of appraised value
- There is no limit on number of acres but the house alone must be worth at least 50% or more of the appraised value
- Primary residence only
- Income must be verified from pay stubs and/or tax returns
- No stated income documentation
- Minimum credit scores of 620 Free Credit Report
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