Swiftwater : Questions & Answers

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Joel Lobb, Real Estate Pro in Louisville, KY
Joel Lobb answered:
USDA Loans
As a rule of thumb, however, a credit score below 640 will make buying a home very difficult. A FICO score below 640 is considered sub-prime. In the past there were mortgage companies t ... more
0 votes Share Flag Wed Oct 16, 2013 Home Buying in 18370
Scott W, Other/Just Looking in Bend, OR
Scott W asked:
Will the USDA give a 1099 or otherwise confirm the cancellation of debt on a short sale? Someone told me the USDA won't cancel the remaining borrower's debt after a short sale. Of course, if they don't there could be issues for the seller.
0 votes Share Flag Fri Mar 8, 2013 Home Buying in 18370
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