10-05-2012 09:29 AM
I am interested in applying for a USDA LOAN but I am not sure how much money I would need to actually purchase a home with this loan. Im sure I would have to pay something out of pocket. Does anyone have any information about that?
My transunion credit score is 651 and I only owe about 1500 on my current auto loan. I have a few hospital bills on my credit but I am paying on them monthly. There is nothing else delinquent on my credit so I am hoping my credit is good enough.
I would probably need my husbands income on the loan to help me qualify for more money but his credit isn't the best. He has about 30k in student loans and has yet to start paying on them.