By Dayv Morgan | InMaricopa.com
The mortgage industry has been criticized for making the process of obtaining a loan a little too easy and causing the housing crash several years ago. Regulations were passed to prevent a similar outcome and to make sure buyers are qualified and financially stable.
However, a $0 down loan program still exists today and has been an important part of the housing recovery in Maricopa, and it has provided thousands of families the opportunity to purchase a home they would otherwise not have had.
Known as a United States Department of Agriculture loan, or rural housing loan, it is a loan designed for rural development areas and is fully guaranteed by the U.S.
