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can i qualify for a rural development loan if i already have a home paid for in a rural area that is in my name in the state of louisiana?

by ttvjo11 from Baton Rouge, Louisiana. May 27th 2011 Reply


Joel Lobb (kentuckyloan)
#3 ranked lender in Kentucky - 192 contributions

No, you cannot own another home when applying for an USDA loan

May 28th 2011
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Gianni Cerretani (mortgagegodfather)
#32 ranked lender in Georgia - 238 contributions

You can apply for the loan, but your approval will be pending upon not owning any other property.

May 31st 2011
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