Question: I have been looking for a new home to purchase. I want to use the USDA mortgage for my home purchase. My question is – should I get my USDA home loan pre-approval now, or wait until I find the right house?
Thanks, J. Baker – Tallahassee, FL
Thank you for your question. We highly recommend that you obtain your USDA financing /pre-approval in advance. There are many important reasons for this. First, it shows the home seller(s) that you are qualified and ready to proceed with the home purchase. Sellers like to know that you are pre-qualified and have talked to a mortgage professional in advance.
Secondly, it will allow you to determine the proper home price you should be searching for. This is done through proper debt-to-income and credit checks. You also need to be sure you meet all the USDA home loan eligibility requirements regarding credit, income, and property location. You can request a USDA loan pre-approval anytime by calling 800-743-7556 or visiting our web site. We can generally process your USDA home loan application request on the same day!
USDA Mortgage Source is Florida’s leading resource for all 100% USDA /Rural Devolvement home loans. Jacksonville, Destin, Orlando, Lakeland and everywhere in between – please visit our main web site and call 800-743-7556 to learn more about the benefits of 100% USDA home financing here in Florida. We are available to serve you seven days a week.