USDA Financing Mortgage Program Updates

Mortgage and Lending with Prospect Mortgage NMLS #151088

USDA Program Basics


USDA Guideline FAQ - Appraisals (Also see Property Conditions)


USDA Guideline FAQ - Assets/Bank Accounts/Gifts

Self-Employed???? Acceptable Use of Business Funds for Closing


USDA Guideline FAQ - Credit

USDA FAQ - Income/Employment

Business Expense Deductions vs Qualifying for a Mortgage

USDA Guideline FAQ - Loan Limits

USDA Guideline FAQ - Miscellaneous

USDA Announces 2011 Funding Availability  

USDA Guideline FAQ - Property Condition 

New Carpet or Carpet Allowance? 

Please check back for program updates as they become available.

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It is always advisable to consult with a knowledgeable lending professional when navigating today's turbulent mortgage and real estate marketplace.  I am committed, qualified and equipped to help you evaluate your options!




Also check out:


Conventional Financing Mortgage Program Overview/Updates


FHA Financing Mortgage Program Overview/Updates


Georgia Dream Down Payment Assistance Program Overview/Updates


USDA Financing Mortgage Program Updates  


Programs Include:


  • Conventional (Fannie Mae & Freddie Mac)

  • HomePath - #1 Volume Retail Lender

  • HomePath Renovation

  • FHA

  • FHA 203K Renovation Loans (Streamline or Consultant)

  • Georgia Dream Down Payment Assistance

  • Jumbo

  • USDA

  • VA

  • Conventional Condo Project Approvals

  • FHA DELRAP / HRAP Condo Project Approvals


    Rodney Mason is a Sr Loan Officer located in Atlanta, GA.  He is also 203K Renovation Loan and HomePath REO Property Specialist.  He can be reached at (404) 591-2453.

    Providing financing for all cities across Georgia including: Acworth, Albany, Alpharetta, Athens, Atlanta, Augusta, Austell, Avondale Estates, Blairsville, Bloomingdale, Blue Ridge, Bogart, Brunswick, Buckhead, Buford, Canton, Carrollton, Cartersville, Chatsworth, Clayton, College Park, Columbus, Commerce, Conyers, Covington, Cumming, Dahlonega,  Dacula, Dalton, Dawsonville, Decatur, Doraville, Douglasville, Duluth, Dunwoody, East Point, Fayetteville, Flowery Branch, Gainesville, Greensboro, Hampton,  Hapeville, Hinesville, Hiram, Jackson, Jefferson, Jonesboro, Kennesaw, Lagrange, Lawrenceville, Lilburn, Lithia Springs, Macon, Madison, Metter, Morganton, Morrow, Newnan, Norcross, Oakwood, Peachtree City, Pooler, Richmond Hill, Riverdale, Rome, Roswell, Sandy Springs, Savannah, Scottdale, Statesboro, Stockbridge, Stone Mountain, St Marys, Sugar Hill, Suwanee, Thomasville, Thunderbolt, Tucker, Tybee Island, Valdosta, Waleska, Warner Robins, Waycross, Wilmington Island, Winder, Woodstock, and many more.

    Providing financing for all cities across Alabama including: Alabama Port, Anniston, Athens, Auburn, Bessemer, Birmingham, Boaz, Bridgeport, Cedar Bluff, Chickasaw, Clayton, Coden, Dauphin Island, Decatur, Dothan, Eufaula, Fairfield, Fairhope, Florence, Foley, Forestdale, Fort Morgan, Fort Payne,Gasden, Grand Bay, Gulf Shores, Heron Bay, Homewood, Hoover, Jasper, Josephine, Madison, Meadowbrook, Midfield, Mobile, Mon Louis, New Hope, Orange Beach, Oxford, Oyster Bay, Phenix City, Prichard, Rainbow City, Saraland, Satsuma,
    Scottsboro, Selma, Troy, Theodore, Tillmans Corner, Trussville, Tuscaloosa, Vestavia Hills, Warrior and many more.


    Providing financing for all cities across Tennessee including: Athens, Brentwood, Bristol, Chattanooga, Clarksville, Cleveland, Cookeville, Dyersburg, Franklin, Gatlinburg, Greeneville, Johnson City, Kingsport, Knoxville, Maryville, Memphis, Morristown, Murfreesboro, Nashville, Newport, Oak Ridge, Pigeon Forge, Sevierville, and many more





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Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

Great post packed full of information. Agents  have to know how to get money for their clients. We cannot rely on the bankers to be as creative as we sometimes need them to be. Getting to the closing table often depends on knowing someone like you!

Oct 04, 2010 08:53 AM #1
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Rodney Mason

FHA 203K & HomeStyle Renovation-AL,GA,TN
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