What are Five Things “To Do” for a Successful USDA Mortgage Application?
USDA Credit Qualifying | Posted on July 30, 2021 at 6:08 pm by usdaadmin
What are Five Things “To Do” for a Successful USDA Mortgage Application? Submitting your USDA mortgage application, looking for the right home, and preparing an offer are all part of purchasing a home. However, because of the overwhelming amount of
USDA vs FHA: Which can you apply for more quickly after bankruptcy?
FHA Loans | Front Page | USDA Guide | USDA Loan Eligibility | USDA Loans | Posted on March 5, 2021 at 10:00 pm by usdaadmin
Last week, we reviewed how a Chapter 7 bankruptcy affects qualifying for a USDA loan. The next question that often comes after this information is, “How does this compare to an FHA loan?” That’s why today, we’ll review USDA vs
Is your lender’s USDA approval time affected by USDA’s fiscal year-end?
Front Page | USDA Loans | What is a USDA Loan? | Posted on September 18, 2020 at 3:21 pm by usdaadmin
Don’t let a lender hold up your closing because they say the “USDA is out of money”! USDA’s fiscal year runs from October 1st until September 30th and at the beginning of each fiscal year, the USDA Single Family Housing
Five Things “To Do” for a Successful USDA Application
Front Page | USDA Approved Lender Benefits | USDA Loan Eligibility | USDA Loan Process | USDA Loans | Posted on July 31, 2020 at 1:05 pm by usdaadmin
Qualifying for a mortgage, looking at properties, and preparing an offer are all steps that require professional guidance. However, with all of the information available, it can be hard to know what is right and wrong during the USDA application
What USDA closing costs can be included with your loan?
USDA Loan Process | USDA Loans | What is a USDA Loan? | Posted on June 26, 2020 at 7:30 pm by usdaadmin
A common question that I receive is whether you can “roll-in” your closing costs with a USDA loan because many have heard through second hand sources that closing costs are automatically included with your USDA loan. However, in today’s short
Can you Qualify for a USDA Loan with an IRS Tax Lien?
USDA Loan Process | USDA Loans | Posted on October 23, 2015 at 6:11 pm by Sean Stephens
Can you qualify for a USDA loan with an IRS tax lien? Alright, I know what many of you may be thinking – that an IRS tax lien will automatically put a stop to a USDA loan process. Thankfully though,
Can Unreimbursed Business Expenses Affect Your USDA Loan Qualifying?
USDA Loan Process | USDA Loans | Posted on October 9, 2015 at 4:43 pm by Sean Stephens
Commonly known as a 2106 expense, due to the associated IRS tax form, this is a frequent question and one that can have a major impact on the USDA loan qualifying process. As a quick reminder, today’s topic relates strictly to
Can Gift Funds Be Used With A USDA Loan?
USDA Loan Process | USDA Loans | Posted on October 2, 2015 at 7:50 pm by Sean Stephens
So, can gift funds be used with a USDA loan? Customarily a buyer has 2 types of out-of-pocket expenses: Any required Down Payment & Settlement Charges, otherwise known as closing costs. USDA loans are 100% financing so they eliminate
Can You Qualify for a USDA Loan with No Credit Scores?
USDA Credit Qualifying | USDA Loans | Posted on September 15, 2015 at 5:32 pm by Sean Stephens
Qualifying for a USDA Loan with No Credit Scores In the situation where there is truly no credit scores established, qualifying for a USDA loan can be possible but additional qualifying steps will be needed. Today’s blog will discuss what
Can You Purchase the Home You Are Renting With a USDA Loan?
USDA Loans | What is a USDA Loan? | Posted on September 11, 2015 at 4:58 pm by Sean Stephens
Can you purchase the home you are renting with a USDA loan? As more and more renters transition into looking to purchase a home, this is becoming a common question and today’s short video tip will go over the details