Valued Member
Posts: 42
Registered: ‎01-08-2013
Re: USDA Direct loan questions

I don't know if it will hinder you. My husband and I applied for the loan; I was approved but not him. My fico is 655; however, my lender told me that the USDA loan could only be given with a fico score of 620 and no collections or 640 with some collections. Really stinks because his fico was a 551 and he makes 2.5x more than I. So I am building my credit a little more before we go through for a house. I want to get a really good mortgage rate. Good Luck to you guys!