New Contributor
Posts: 167
Registered: ‎12-04-2012
Re: Can I get a USDA Loan with a 638?
[ Edited ]

Congratulations on the new baby!


If possible, paying down those cards' utilization should get you the last few points you need.  The amount of home you are looking for compared to your income is pretty reasonable at current rates.  With what information you gave, I think you'd be fine assuming you have no big chargeoffs, student loan payments, car payments or anything really derogatory on your report.  Some lenders even provide programs and assistance when scores are as close to minimums as yours, so I highly recommend speaking to a few lenders. 


Try pulling your own credit report and taking that along, or better yet have the lender who already pulled it provide a copy to you.  Print that and take it to other lenders and have them use it in lieu of pulling additional reports.  Good luck!