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USDA credit reporting

Contributor

USDA credit reporting

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.

Message 1 of 6
5 REPLIES
Contributor

Re: USDA credit reporting

does anybody know?

Message 2 of 6
Regular Contributor

Re: USDA credit reporting

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.

Message 3 of 6
Contributor

Re: USDA credit reporting

I have a direct loan through USDA...there is no bank. Payments are made directly to them. So I was wondering if they report same as a regular bank would? Thanks!

Message 4 of 6
Regular Contributor

Re: USDA credit reporting

Sorry, my bad.

Message 5 of 6
Highlighted
Contributor

Re: USDA credit reporting

No worries, I appreciate the effort!

Message 6 of 6