Valued Contributor
Posts: 2,300
Registered: ‎08-25-2011
Re: USDA loan income limit question and new construction

It depends on your builder, my builder made me get pre-approval and go thru underwriting before we started building. When we are close to finishing the build we have to go thru the same process all over again.

 

When I built my first home, they didnt require a thing. We just did all the loan stuff right before the home was done.