+1 vote
asked Mar 24, 2018 in USDA Loans by Fernando

1 Answer

0 votes
The area where you are planning in buying needs to be a USDA Designated Rural Development area. The Mortgage Reports has the link to the USDA eligible areas link. There are minimum credit score requirements depending on the lender. Maximum house hold income requirements and maximum debt to income ratios of 41%. Zero down payment 100% FINANCING on USDA LOANS.
answered Mar 24, 2018 by GustanCho (106,540 points)

Welcome to The Mortgage Reports Q&A Forum. Have your questions answered by experienced mortgage and real estate professionals.

Related questions

515 questions
662 answers
883 users