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
Continue Reading….
USDA Property Eligibility: What property types are eligible for a USDA loan?
Front Page | USDA Loans | USDA Property Eligibility | Posted on September 11, 2020 at 4:28 pm by usdaadmin
When you hear about USDA loan benefits, such as 100% financing or the ability to finance closing costs, it can be easy to focus on the financial advantages and then forget about USDA property eligibility. USDA loans allow for no
Continue Reading….
What are USDA Flood Zone Requirements?
USDA Loans | USDA Property Eligibility | Posted on July 10, 2020 at 6:50 pm by usdaadmin
In today’s video, I will share with you the details regarding USDA flood zone requirements and how to navigate the qualifying process. However, before we get started, don’t forget to take advantage of our FREE download, USDA Blueprint for Success.
Continue Reading….
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,
Continue Reading….
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
Continue Reading….
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
Continue Reading….
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
Continue Reading….
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
Continue Reading….
