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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USDA Property Eligibility

USDA Property Eligibility: What property types are eligible for a USDA loan?

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
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What are USDA Flood Zone Requirements?

What are USDA Flood Zone Requirements?

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.
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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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