Is your lender's USDA approval time affected by the USDA's fiscal year-end?

Is your lender’s USDA approval time affected by USDA’s fiscal year-end?

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
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Five things “To Do” for a successful USDA application

Five Things “To Do” for a Successful USDA Application

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
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What USDA closing costs can be included in your loan?

What USDA closing costs can be included with your loan?

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
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Can you Qualify for a USDA Loan with an IRS Tax Lien?

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,
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Sebring Avon Park Lake Placid FL USDA Loans

Can Unreimbursed Business Expenses Affect Your USDA Loan Qualifying?

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
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Can Gift Funds Be Used With A USDA Loan?

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
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Sebring FL USDA Loans

Can You Qualify for a USDA Loan with No Credit Scores?

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
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Tampa FL #1 Ranked USDA Approved Lender

Can You Purchase the Home You Are Renting With a USDA Loan?

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
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