Jonathan Boukarim

The short answer is that the USDA doesn’t publish one, nor set a minimum score. Automated approvals are most straightforward at 640.  Many mortgage companies use 620-640 as their reasonable baseline. Files that fall below those thresholds usually require additional

One of the biggest obstacles for homeowners in Rhode Island is saving enough cash to pay for a down payment. The positive side lies in the fact that, thanks to USDA loan programs for homebuyers in Rhode Island, you may

In trying to obtain a USDA loan for Rhode Island, some buyers have to endure rejection and USDA loans get denied, often because of reasons that can be avoided. The most common reasons are property ineligibility, income limitations as well

Short answer up front: the place where the house sits is the single most important test. If the exact parcel is inside an area that qualifies for USDA loans, you may qualify for a USDA program. However, the map is

The short answer: the Income To Qualify for a USDA Loan in RI depends on where the home is in Rhode Island and how many people live in your household. In some RI areas, the cap for a 1–4 person

Approval for a USDA loan is a process which checks your income, credit, the home, and the property address. In Rhode Island, many buyers succeed with USDA loans each year. But you must prepare. This guide explains why approval can

Short solution up front: for most eligible customers, the solution is no — you could buy with no money down for a USDA Loan in Rhode Island. However, there are still expenses to plan for. This manual explains the policies,

Buying a home can seem overwhelming, especially while saving for a down fee. The good news is that USDA loans in Rhode Island make homeownership possible without large upfront expenses. But the large query remains: what qualifies a domestic for