Applicants interested in the Loan PreQualification Process for a USDA home loan only need a minimal credit score of 620. The requirements show three verifiable 12 month credit trade lines such as auto loans credit cards, and/or installment loans or rental history. Two years documentable employment history. The new guidelines do have household income limits, but they vary case-by case depending on how many people are in your household. More people than not succeed in buying a home using this zero down payment program. This is a great loan program for first time homebuyers!
Apply with the Fast Track Application Here for pre-qualification:
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Disclaimer: This is not a commitment to lend or extend credit. All loans are subject to credit approval including credit worthiness, insurability, and ability to provide acceptable collateral. Not all loans or products are available in all states or counties. Bank of England Mortgage is a division of Bank of England. NMLS 418481. Member FDIC.