USDA
Certified Choice for Rural Living
USDA Requirements
640
Credit Score
USDA loans typically require a minimum credit score of 640. This requirement helps ensure eligibility for these loans aimed at helping rural homebuyers. If your credit score is below this threshold, we're here to help you explore other financing avenues.
41%
Debt-to-Income Ratio
Your total monthly debt, including the new mortgage, should not exceed 41% of your gross monthly income. Exceptions can be made for borrowers with strong compensating factors.
Other Requirements
Location Eligibility
USDA loans are designed for properties located in eligible rural and suburban areas. These areas are typically defined as those with populations of 35,000 or less, although some areas with larger populations may also qualify. You can check the USDA eligibility website or contact us to determine if a specific property is eligible.
