Improved Qualifying for USDA Overtime Income, Bonuses, and Commissions

UPDATE – Improved Qualifying for USDA Overtime Income, Bonuses, and Commissions

In order to maximize your USDA sales price, calculating all available income is critical! However, because everyone is not paid the same, it is also important to understand the most recent and updated qualifying guidelines used for calculating USDA overtime
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How much USDA land can be purchased with a USDA home loan?

How much USDA land can be purchased with a USDA home loan?

USDA loans are sought after by homebuyers since they allow for no down payment and offer financing flexibility. Additionally, USDA guidelines have recently improved in regards to how much acreage can be purchased with a USDA home loan. While it is true that
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Well and Septic Required Distances for USDA and FHA Loans

Well and Septic Required Distances for USDA and FHA Loans

What are the required distances for well and septic on USDA and FHA loans? Understanding USDA and FHA loan distance requirements between a well and septic are critical when determining eligibility and because it can be common for rural properties to
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Does a disputed account on your credit report affect qualifying for a USDA loan?

Can you still qualify for a USDA loan with a Disputed Account on Your Credit Report?

As per USDA Guidelines under the 3555 Handbook, “Disputed accounts on an applicant’s credit report are not considered in the credit score.” Meaning, the mere presence of a disputed account does NOT automatically deny an applicant’s USDA loan. A disputed
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