Credit Card Center Advertiser Disclosure

Established Member
Posts: 11
Registered: ‎03-14-2011
0 Kudos

USDA Loans- Barns/Structures??

We're currently offering on a home that includes 5 acres and planned on using a USDA loan to help us with the down payment.


The unfortunate thing is that the property also has a "barn", or a medium sized metal building I guess they used to put horses in. No stalls or actual fencing inside, it's just the empty metal building with a dirt floor.


We're afraid to go any further with our offers and bidding as I recently was told that USDA does not cover barns or any sort of buildings on the property. Has anyone found a way to get around this? Is there any leniency?


Thank you for any help or advice you could give!


Starting: 535 (EQ)
Current: 638 (EQ) FICO 9/2012
Goal: 640 - Mortgage here I come!
Regular Contributor
Posts: 212
Registered: ‎04-07-2009
0 Kudos

Re: USDA Loans- Barns/Structures??

I would call USDA - I wonder if they will cover it if the barn is not the only structure on the property?  I know, also, that the acreage and property need to be within the norm for the area.  So if everyone in the area where you want to buy have only .25 acre properties, 5 acres might not work for USDA, but if everyone has 4-5 acres it would work.  Do you have a contact at your USDA you can ask these questions?  Seems like they could advise you...because from what I understand, USDA differs depending on the state and even county where you're buying...

Regular Contributor
Posts: 191
Registered: ‎01-30-2010
0 Kudos

Re: USDA Loans- Barns/Structures??

Are you doing Direct or Guaranteed?  I just read about this tonight - the issue is with Direct only.  At least where I am.  Guaranteed has no such requirements.  But just call your local office, they should be able to tell you.


Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.