Here’s a USDA tip for you…
One of the things to keep in mind is that USDA has family income caps.
In other words if you make too much money you won’t qualify for a USDA loan.
Here is the link to check the income for your area…
Important: USDA goes by total household income!
In other words if you are getting a USDA loan with you as the only borrower, but you have a partner that also lives in the house.
…and, that partner has a job and makes money – then their money would also be included in the total household income calculation for USDA.
So, please be aware of this before you apply for a USDA loan.
I hope you have a great day! Thanks for reading!
Brett
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