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  2. USDA loans: What are they and am I eligible? - AOL

    www.aol.com/finance/usda-loans-am-eligible...

    While USDA loans have no formal minimum credit score, a borrower must have a credit history that demonstrates they can pay back debt. To qualify for streamlined processing, the minimum score is 640.

  3. What credit score is needed to buy a house? - AOL

    www.aol.com/finance/credit-score-needed-buy...

    Loan Type. Minimum Credit Score. Conventional loans. 620. FHA loans. 500 (with 10% down payment); 580 (with 3.5% down payment) USDA loans. The USDA has no minimum limit, but lenders generally like ...

  4. This is how much money you need to earn annually to ... - AOL

    www.aol.com/finance/much-money-earn-annually...

    In general, it’s helpful to have a credit score of at least 620 or higher when you apply for a mortgage. Yet some lenders may be willing to approve you for certain loan programs with a FICO ...

  5. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    USDA Home Loans have Maximum Household Income Limits which vary by the county in which you purchase a home; the income limits change annually. The Maximum Household Income Limits are based upon everyone in the home who is a wage earner, even if their income is not going to be used to qualify for the USDA Loan. For instance, Social Security ...

  6. Section 502 loans - Wikipedia

    en.wikipedia.org/wiki/Section_502_loans

    Section 502 loans are a rural housing loan program, administered by the Rural Housing Service (RHS), authorized under Section 502 of the Housing Act of 1949. Borrowers may obtain loans for purchasing or repairing new or existing single-family housing. Loans are made directly by RHS (7 CFR 3550) or by private lenders with a USDA guarantee (7 CFR ...

  7. Farm ownership loans - Wikipedia

    en.wikipedia.org/wiki/Farm_ownership_loans

    An eligible borrower must be unable to obtain sufficient credit from a commercial lender, but must assure reasonable prospects of success in the farm operation. Loans are made for up to 40 years. The interest rate is determined by USDA, and cannot exceed the cost of funds to the Government plus 1 percentage point. However, direct loans to ...

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