Can I Buy A Home With A Swimming Pool With A USDA Loan?Aug 19 2013
So you’re taking advantage of a USDA mortgage financing, but you prefer to purchase a home with a swimming pool. Well before you dive into that home purchase, you want to be armed with all the facts concerning USDA mortgage financing and swimming pools. There are many misconceptions about the flexibility surrounding USDA loans and swimming pools, but the truth is that USDA loans do allow swimming pools. However, the catch it that they will only finance the home and not the pool.
See how this works and how it affects you in this week’s Mortgage Monday article.
**USDA pool rule only applies to in-ground pools. Any above-ground pools and Jacuzzis do not apply.**