Applied for USDA but got an FHA instead

Income is $50k with scores at 690, 727, and 699. I have student loans and credit cards while DTI is minimal. I applied for a USDA but was only approved for an FHA at $250k due to low credit. How did this happen? I plan on scrapping my home purchase altogether, any thoughts? by frostman287 from El Dorado, California. Jan 26th 2022 Reply