Repair Renovation Budget
One of my investors allows home buyers the ability to use the USDA Rural Loan program to complete appraisal mandated….
Property Eligibility Condition and Requirements
The USDA Loan program has very specific requirements pertaining to the property being purchased. First off, the property must be….
Determining USDA Maximum Monthly Payments
One of the most common questions asked by perspective USDA loan applicants is “How much is the USDA maximum loan….
Property Inspection Requirement
The inspection/testing requirements for a USDA Loan are as follows: To learn more about the Virginia USDA Guaranteed Loan program….
Eligibility Vs. Qualifying Income
USDA Loans require that the borrower’s income meet both “Income Eligibility” and “Income Qualifying” requirements. Income Eligibility is income used….
Credit Score Requirements
The USDA Guaranty Loan Program, like all loan programs, evaluates a borrower’s ability to repay the mortgage loan by analyzing….
CAIVRS Claims
Since the USDA Loan program is a federal government insured loan program, borrowers on the loan must pass a CAIVRS….
Negative Credit Occurrences – Bankruptcy, Foreclosures, and Short Sales
The USDA Loan program has special guidelines as it pertains to Borrowers with a previous negative credit occurrence, such as….
Student Loan Debt
For potential home buyers with student loans that are either in a deferred payment status or being paid back through….
USDA Tradeline Requirements
The USDA Loan program, differs from all other loan programs, based on the requirements for a minimum quantity and history….