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Scott Hudspeth about 100% financing.


- No Down payment is required.
-Flexible credit score guidelines.
-No maximum purchase price limit.
-Closing costs can come from any source including gifts.
-Repairs and improvements can be included in the loan.
-Competitive fixed 30-year rates.



- Occupy the property as your primary residence.
- Do not have cash for a 20% down payment and typical loan closing and relocation expenses.
- Be a U.S. citizen, a U.S. non-citizen national or a “qualified alien”.
- Provide stable and dependable income for repayment ability.
- If you currently own a home, that's OK.
- Have a credit history that indicates a willingness to meet obligations as they become due.
- Have an adjusted household income that is within Rural Development guidelines
- Purchase a residential property that is located in a Rural Development eligible area.



No mortgage insurance saves you a lot of money. Mortgage insurance raises your monthly payment, which REDUCES the amount of a home loan you may qualify to purchase. Guaranteed loans may allow you to qualify for a newer or larger home to meet your needs.

Did you know that the typical mortgage insurance premiums for the first 10 years on a $100,000.00 loan could cost you $6,000 or more? The mortgage insurance can continue beyond the 10 years. The cost of Rural Development's guarantee is only $2,000.00 on a $100,000.00 loan.

No mortgage insurance allows you to qualify for a larger mortgage amount.

There is little or no cash required for a down payment or closing costs in most cases.


Determine if the property is within the Rural Development eligible area.
Determine if your adjusted household income is within the Agency limits,
What is "adjusted household income"?
What is "repayment income"?

You can also contact me for any of the following Brochures and Guides:
-Guaranteed Loan brochure
-A “quick guide” overview to Guaranteed Loans



Review the eligibility guidelines. If it appears as though this program may work for you, complete the pre-qualification form and a member of our team will contact you within 24 hours.



Hi my name is Scott Hudspeth. I am a mortgage banker with Amerifirst Home Mortgage in Portage, Michigan and I want to help make your new home a reality. I can help you get any type of mortgage loan you need including FHA Loans, FHA 203k rehabilitation loans, Low/ No down payment loans, interest only mortgages, reverse mortgages, and more. Visit my full website at www.scotthudspeth.com for more on the other services I can provide.