HomeGain on Facebook HomeGain on Twitter HomeGain on LinkedIn HomeGain on YouTube

will i qualify for usda

i have ~700 credit and a lender calcd my DTI at 39% last year, although i've since paid off my car so i expect it should be lower now. make $54 thou net annually.
By tryingit0ut863103 from PA Jul 18th 2014
Powered by:

It sounds like you would credit score and debt-to-income qualify for a USDA Rural Home Loan. The other issues you may face is whether or not the home is in an USDA eligible area and whether or not you make less the maximum income allowed for the county the home is located. Speak with a local USDA Home Loan expert to help guide you and good luck.

Jul 18th 2014

Searching Today's Rates...

If home is in USDA qualifying area you must also income qualify for the nimber of people in your household. My company does a lot of USDA I am very familiar with these loans. Great option for a purchase. I will be in my office Saturday call me at 724 791 3100 and I can pre qualify you in like 15 minutes. Amber

Jul 18th 2014

For USDA its all about the math and location. I would suggest going to their site via this link - http://goo.gl/zQUmo - can go through the prompts to determine if you and the home of interest quailfy. You may have to copy and paste the link to get to the site.

Jul 18th 2014


HomeGain offers free real estate tools and services to compare real estate agents, research home prices, and view homes for sale, foreclosures, new homes, and rentals. HomeGain provides real estate information including articles on home buying, home selling, and mortgage rates. HomeGain's quarterly home values surveys are a hit with the top media sources, realtors, and home buyers and sellers. Did you know, HomeGain pioneered the original online home value estimates tool back in 1999?