Mortgage Company Now Brokers Rural Housing Loans in Rural Areas

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AAXA Discount Mortgage, a leading discount mortgage company, is now brokering USDA rural housing loans to homebuyers in rural areas of the country who have little money to put down.

The recent home lending credit crunch has made it more difficult for individuals to secure the financing they need to purchase property. Homebuyers with less than perfect credit who have little money for their down payments find themselves struggling to find viable home financing options. AAXA is now offering USDA rural housing loans to assist clients in finding 100 percent home loan options at rates comparable to traditional conventional financing.

AAXA's lenders offer secure, fixed rate 30 year USDA rural housing loans with no PMI (Private Mortgage Insurance). These loans may be for up to 102 percent of the appraised value or sales price (whichever is lower). There is a 2 percent guarantee fee which can be rolled into the loan amount. This option allows borrowers to finance this expense into the loan amount rather than having to pay the money out-of-pocket. Another major benefit of this program is that sellers can assist with paying the buyer's closing costs.

Eligible borrowers must be U.S. citizens, qualified aliens, or be legally admitted to the U.S. for permanent residence in order to potentially qualify. Currently, our lender's programs are available for primary residences in rural areas including open country and places with populations under twenty-five thousand residents. Additional requirements and restrictions may apply.

About AAXA Discount Mortgage:
AAXA Discount Mortgage has been offering its clients some of the best mortgage rates and lowest closing costs in the Nation since 2000. AAXA conducts business in twenty-six states and is headquartered in Wilmington, NC. The company also has full service offices in Arizona, South Carolina and Texas. AAXA uses state-of-the-art technology to simplify the lending process and drive down the cost of home financing. The company works with some of the country's largest and most progressive wholesale lending institutions to ensure that its customers have access to some of the most competitive pricing and programs in the marketplace. Product offerings include traditional conventional financing such as 30 year mortgages and 15 year home loans, as well as, interest only loans, adjustable rate mortgages, jumbo loans, lot loans and second mortgages.

For more information on AAXA Discount Mortgage and its USDA rural housing loan programs, visit

Nathaniel Criss
AAXA Discount Mortgage, Inc
Toll Free: 877.RATE.LOW
Local: 910.796.7122
Wilmington, NC 28403

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Nathaniel Criss
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