USDA LOANS AND SAVINGS ACCOUNTS
Travis Torcoletti (travis.torcoletti)
#0 ranked lender in South Carolina - 372 contributions
Yes, both of those exist
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions
USDA wants to see your assets (checking / savings). There is no minimum required to get approval. But if you have too much money in checking / savings, the loan can (and does) sometimes get denied. What is generally considered too much? If you have enough money to put 5% down on a conventional loan.
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
what nonsense...I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions
They will ask to see your assets, not having assets will not cause you to be denied.
Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,256 contributions
YES, they will want to see your checking and savings accounts, and it depends on your loan amount , and monthly payment , how much they would want to have in reserves linda yourloanpartnerforlife@live.com
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions
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