Tag: Credit Score

What Credit Score Does The USDA Loan Require?

The USDA Loan and Credit Scores.. People ask me all the time what credit score is needed to get a USDA loan to buy a house in Arizona with absolutely Zero Down Payment.  There are actually a pretty good variety of answers to this question. Before we open the ...

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Simple Tips To Optimize Your Credit Score For The USDA Loan

Credit Score Optimization Tips for the USDA Loan Program With lender’s continuing to tighten their guidelines, it is more important than ever to know how to optimize your credit score for getting a USDA Loan here in Arizona.  There are five components t...

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How The USDA Loan Program Handles Collections

Can Collections Prohibit You From Getting Into The USDA Loan Program? Another question I hear quite a bit about the USDA Loan Program is about collections.  It’s pretty common to hear… I have some old collections, are they going to stop me from getting ap...

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3 Things The Lender Looks At When You Apply For A USDA Rural Development Home Loan

What The USDA Rural Development Underwriter Looks For When You Apply… Part 1 This is a three part series where we will look at the 3 factors that a USDA Rural Development underwriter will look at when reviewing your file for loan approval.  If you have ...

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USDA Rural Home Loans – Credit Score Requirements

There is no written minimum credit score requirement to qualify for a USDA Rural Home Loan.  However, many investors who fund the USDA Rural Home Loans have a minimum requirement of 620 middle credit score.  This simply means that the USDA Rural Home Loan al...

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How Much Can I Borrow WIth A USDA Rural Home Loan?

I am often asked “Paul, how much can I borrow with a USDA Rural Home Loan here in Arizona?” The answer for home buyers is “It Depends”. For a USDA Rural Home Loan it depends on your repayment ability and the appraised value of the home...

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