Can you still qualify for a USDA loan with a Disputed Account on Your Credit Report?
USDA Credit Qualifying | USDA Loans | Posted on December 13, 2019 at 5:51 pm by Sean Stephens
Are there unintended mortgage consequences of disputing an 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
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How Long Does it Take to Close on a USDA Loan?
Front Page | USDA Loan Process | USDA Loans | Posted on November 1, 2019 at 2:14 pm by Sean Stephens
What is the Closing Time on A USDA Loan? How long is the USDA loan process? It is common for us to receive questions on how long it takes to close a USDA loan, and in today’s short video we
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Your credit score just dropped, how can you still qualify for a USDA Loan?
Front Page | USDA Credit Qualifying | USDA Loans | Posted on October 18, 2019 at 12:09 pm by Sean Stephens
Just because your credit score took a recent drop, doesn’t mean it’s the end of the road for a USDA mortgage. In fact, it’s possible to increase that credit score in less than a week! As you can imagine, this
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Can you include USDA home repair within a loan?
Front Page | USDA Loan Process | USDA Loans | Posted on October 4, 2019 at 11:55 am by Sean Stephens
USDA guidelines were recently updated and now allow a wider range of possible USDA home repair. In today’s video, I will explain both how it can be possible to finance home repairs with a USDA loan along with eligible types
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Do USDA loans have an acreage limit?
Front Page | USDA Loans | USDA Property Eligibility | Posted on August 16, 2019 at 4:16 pm by Sean Stephens
Is there an acreage limit with a USDA Rural Home loan? When working rural areas, it is common to ask how many acres can you buy with a USDA loan? Thankfully due to updated guidelines, it is now a more simplified process
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Are USDA or FHA loans better?
FHA Loans | USDA Loan Benefits | USDA Loans | Posted on August 9, 2019 at 1:00 am by Sean Stephens
What are the differences between a USDA and FHA loan? Do you know the difference between a USDA and FHA loan? While they both have similar characteristics, there are important aspects of each program which can impact a buyer’s out-of-pocket costs
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Mortgages for Teachers: Can a teacher qualify for a USDA loan after changing school districts?
Front Page | USDA Loans | What is a USDA Loan? | Posted on August 2, 2019 at 9:11 am by Sean Stephens
With the school season upon us once again, mortgages for teachers has become a hot topic. We have some teachers who are changing to a new school district, and although they may have signed contracts, can that teacher close on
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2019 USDA Income Limits have been increased!!
Front Page | USDA Loan Process | USDA Loans | Posted on July 26, 2019 at 12:23 pm by Sean Stephens
While many know that it is possible to make too much money for a USDA loan, what they don’t realize is just how high 2019 USDA income limits actually are! USDA recently announced an increase to their household income limits
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How do you calculate a USDA monthly payment?
USDA Loan Process | USDA Loans | Posted on May 3, 2019 at 11:30 am by Sean Stephens
When trying to use a USDA loan calculator – be careful! Many online mortgage calculators are simply not designed to handle calculating USDA specific monthly payments. They may leave out other important items such as property taxes, homeowner’s insurance, and any
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Can you Qualify for a USDA Loan if you have recently graduated?
USDA Loans | What is a USDA Loan? | Posted on April 5, 2019 at 12:01 pm by Sean Stephens
If you have recently graduated, how long does it take to qualify for a USDA loan? As the saying goes, the more things change the more they stay the same. I start off by saying this because we are seeing
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