Sometimes good credit and steady income are not enough to qualify for a home loan. Through the USDA rural housing loan programs, low and moderate income people can qualify for mortgages without a downpayment.
The benefits of a Florida USDA Loans are up to 100% financing, 0% downpayment, and they are guranteeed by the US Department of Argriculture.
These type of loans are offered in the rural areas of the Pensacola region. Call Cornerstone Mortgage to inquire if your home qualifies.