Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 3 · column 4 of 5 · from the scan, no model involved
of the market value of homes and of the loan in excess of $25,000. The borrower must have equity from his own resources, in the form of cash or land for the down payment, notes Trew.
The top limit for a quaranteed rural housing loan to a resident of Virginia is $33,000. The maximum repayment period is 33 years.
TREW also reports that FmHA regulations provide lenders who obtain guarantees for rural housing loans options for selling, assigning, or selling participations in the guaranteed parts of these loans.
FmHA regulations require that the lender making a guaranteed rural housing loan be a local lender—located in or doing business in the area where the house is located. To apply for an FmHAguaranteed rural housing loan, contact your local lender.
96.5%