USDA guaranteed home loans can fund only owner-occupied primary residences. Other eligibility requirements include: Applicants with credit scores of 640 or higher receive streamlined processing. Below.
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USDA loans provide great option for home buyers on the edge of suburbia – buyers pay an annual 0.85 percent MIP fee if they made a minimum 3.5 percent down payment on their home purchase. USDA loan qualification requirements As with any loan, USDA loan borrowers must meet.
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