Valued Member
Posts: 45
Registered: ‎04-27-2012
Re: USDA Rural housing low credit score success

I guess it depends in the State. We are currently going through a USDA loan process in Central Florida, but we were told to avoid ANY issues with the credit approval, we needed to be at 640.


Yes, on the USDA website does state 620, however, if you have a weak credit report, the best bet is to be at 640. We were told that this avoids the USDA underwriter to begin askiong questions with regards to any negative items on your credit report andp lace some doubt. But if you do not have really negative items such as a bankruptcy; very recent collections; reposessions; or liens of some sort, then maybe you'll be fine.


Again you must check with your state as here in Florida we were better off being at 640.


Good luck!! Smiley Happy