09-04-2010 11:40 PM
Now that I have my mortgage, I was wondering if USDA direct loans report to the credit bureaus just like a standard mortgage does? I hope so, I could use the positive credit reporting to raise my scores over time.
10-18-2010 12:18 PM
The bank through which you got your USDA loan (or, if your loan is sold, the bank to which it is sold) should report on your loan regularly to the CAs. My USDA mortgage is through Wells Fargo, and they report regularly.