qualifying for usda loans: READ THIS Credit Score Requirements C-H-A-N-G-I-N-G!
- 01/23/09 06:43 AM
Everybody needs to Move it, Move it, Move it!!!
'Cause minimum credit scores are going UP!
I'm not talking about folks having BAD credit and having trouble buying a home... but I have a borrower right now that has a 618 score - NO LATE PAYMENTS. He has 20 years of credit history...
He owes Best Buy and Macy's and Room to Go (And Amex, and Bof A for 2 cars, and Wachovia for a mortgage or 2). NO LATES. But his middle score is 618.
Well, according to our friends at Wells Fargo - pretty soon this borrower (who makes … (1 comments)
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qualifying for usda loans: Qualifying for USDA Home Loans in North Carolina
- 09/09/08 08:01 AM
I wish I had a nickle for everytime I'd heard somebody tell me, "I'm just lookin' for some land." They don't really mean they want a horse farm (necessarily) but they do want some room to stretch out!
Well - good news! USDA has a 100% program for those looking for a home in a rural setting. It does NOT need to be a farm - in fact if it's an income producing farm, I'll probably have to refer you to someone who knows a lot more about Commercial loans than I do... no a USDA loan is for folks who … (28 comments)
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Everybody needs to Move it, Move it, Move it!!!
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