[ Ссылка ] - USDA loan guidelines - The massive overhaul of the USDA guidelines with the 3555 changes means that there are more opportunities to qualify for a USDA rural home loan. Find out two major qualifying changes that might impact your USDA loan. Changes effective December 1st, 2014.
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The CFR 3555 changes to the USDA loan qualifying approval process have streamlined the process and made more properties eligible for a USDA loan. In this video, I discuss two of the major changes which relate to issues that I know have frustrated many of my clients in the past. The first relates to properties with an in-ground swimming pool… good news, they are now eligible. The second applies to properties in which the site and land value is more than 30% of the total value of the property… previously these properties were not eligible, but now the USDA will consider properties with the land and site value at more than 30% if the site size is typical for the area.
If you would like help qualifying for a USDA loan and taking advantage of these changes and many more, my team at Metroplex Mortgage Services are experts in USDA loan in Florida, Alabama, Tennessee and Texas and we can help you to submit a USDA loan application. Request a call back on our website now. Visit: [ Ссылка ]
Do you have a question about USDA Loans? Submit your question in the comments for next week's episode.
