I had already been prequalified for a USDA loan amount of $227k, however not approved because I had a few negatives that I had to take care of first and also bring my mid score to the required USDA 640. I took care of a few collections and got some negative incorrect information deleted off my reports, also recently I payed down my cc balances to below the reccomended utilization level but Im waiting till the end of of the month for my scores to jump up. There's this one house Im really interested in for $199k, its a short sale, but I don't know how the whole process goes as far as putting in an offer. Can I even make an offer before getting a full approval with the USDA? How do you even make an offer? This is all in hopes that my scores update next month..I will be a first ime homebuyer and need the whole breakdown on how this works pleeaase!! Thanks
