620 credit score USDA Loan Kentucky
Kentucky USDA Mortgage Lender for Rural Housing Loans
| USDA 620+ MIN FICO NO OVERLAYS!!!!(GUS ACCEPTS AND REFERS) |
620+ GUS ACCEPTS – NO OVERLAYS – follow GUS findings 101% LTV of appraised value Ratios to 32/44 w/ 620+ and GUS approval w/ comp. factors for debt waiver 0.35% Annual Fee, 1% Guarantee Fee We Accept Transfer Appraisals – No Problem on all loans File sent to docs within 24 Hours of Receipt of the RD commitment 620+ – GUS Accept – must have 2 trades for 12 months(open/closed)- or manual downgrade |
| ____________________GUS Refers___________________ |
VOR or 12 months cancelled rents checks required Tradelines or alt tradelines required Medical collections & charge off accounts ignored – consumer collections follow HUD $2000 guidelines (Call us for details!) Minimal lates allowed… |
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