USDA 620+ MIN FICO
NO OVERLAYS!!!!
(GUS ACCEPTS AND REFERS)
_______________24 HOUR TURN TIMES_______________

620+ MIN FICO- REFERS AND GUS ACCEPTS!
620+ – YES WE DO REFERS!(29/41 MAX RATIOS)U/W DIRECTLY TO RD MANUAL GUIDES
620+ GUS ACCEPTS – NO OVERLAYS – follow GUS findings
101% LTV of appraised value
Ratios to 32/44 w/ 620+ and GUS approval w/ comp. factors for debt waiver
0.35% Annual Fee, 1% Guarantee Fee
We Accept Transfer Appraisals – No Problem on all loans
File sent to RD within 24 Hours of UW clear!
File sent to docs within 24 Hours of Receipt of the RD commitment
Up to 6% seller concessions allowed
620+ – GUS Accept – must have 2 trades for 12 months(open/closed) – or manual downgrade

____________________GUS Refers___________________

620 – scores OK!
29/41 max ratios
VOR or 12 months cancelled rents checks required
Tradelines or alt tradelines required
Medical collections & charge off accounts ignored – consumer collections follow HUD $2000 guidelines (Call us for details!)
Minimal lates allowed in past 12 months