All income eligibility must be checked at:

All properties must be checked for eligibility at:



103.50% financing based on appraised value purchases, 101.00% on Refi’s


30-year fixed Only, No 15 year fixed or ARMs available

Refinance Option

***Must be USDA loan now***

Yes – Rate reduction only – no cash back – Reduced Guarantee Fee of 1.00%

Only existing GRH loans are eligible for refinance

Mortgage insurance

No monthly mortgage insurance. One-time guarantee fee of 3.50% Purchases 1.00% Refi’s

Payment reserves

No payment reserve requirements. **May be required case by case**

Down payment/Grants

No downpayment required. Grants allowed, please contact us for approval in advance

First-time homebuyer

No First-time homebuyer requirement

Seller concessions

No maximum. If greater than 6%, comment from the appraiser required



Leased Land

100% gifting permitted. Donor required to be family member

City, County, State, or Federal Grants OK. Must be approved by CNB prior to loan submission

Leased Land OK if lease >33 years and approved in advance by CNB



29/41 – exceptions encouraged with compensating factors and RD concurrence

(Comp factors: Credit, 0% Payment Shock, Disposable Income) Exception max is 49%

`Non-occupant Co-borrower

Non-occupant co-borrowers not permitted. All borrowers must live in residence.

Installment debt

Include all installment debt greater than 6 months

Primary income

Two-year history


Two-years 1040s and YTD P&L~***P & L’s MUST BE PREPARED & SIGNED BY LICENSED


Alimony/child support

12-month history, with proof of 3 years continuance

Part-time, Over-time & Bonus, Com.

24-month history

Disability benefits

Benefits letter , 3 years continuance and gross up 115% &/OR 125% ~** SEE TAX BRACKET


SSI benefits

Awards letter or 2 months bank stmts, 3 years continuance and gross up 115% & OR 125% ~***SEE


Salary increases

Salary increases within 30 days of the first payment due date ***on a case by case basis***

Maximum income

Use RD Moderate Income Limits


Credit score/


620 Minimum Score for all borrowers.








Credit Bureau Trades

Late payments

We require at least 2 credit scores. Minimum middle score is 620. We must have 3 seasoned trades

(12 mo or more). If there are not 3 seasoned we will required 3 alternative trades of which one must

be a verifiable 12 month rental history. The 12 month rental history must be verified through either a

management company or 12 months canceled checks. The other 2 trades must be monthly pays and

rate for 12 months. These 2 alt trades should be provided on an alternative credit report. *


* Alt

trades can be requested at underwriter discretion.

0 X 30 permitted in last 24 months with explanations – Exceptions may be granted if your borrowers

have 620 or greater middle credit scores.

Bankruptcy/Foreclosure/Short Sales

Chapter 7 and 13 must be discharged for 3 years – Foreclosures must be completed 3 years ago.

Credit must be reestablished and no derogatory credit since BK or F.


Accounts cannot have been placed in collection status within the last 12-months – Exceptions may

be granted if your borrowers have 640 or greater middle credit scores. Large balances and/or credit

repossessions balances in most cases will be required to be paid off.


Must be paid off for at least 12 months – Exceptions may be granted if your borrowers have 640 or

greater middle credit scores.



Scores>640 possibly waived by CNB underwriting

Scores>620 possibly waived by CNB underwriting with additional nontraditional credit trades

No Score Loans must have rent verification without exception

Non-traditional credit

Non-Traditional Credit May be required in the borrower(s) have limited trades and no derogatory

credit history. Alt trades must be a VOR (management company or cancelled checks, no private party

VOR ), electric, gas, phone, etc. 3 Trades with 24 month history.

Credit report

RMCR or Tri-Bureau merged

Homebuyer education

Case by case basis or No Score borrowers & First Time homebuyers


Closing costs

All closing costs may be financed, except discount points unless borrower is

below the RD low income limit, then discount points may be financed

Seller concessions

All closing costs and prepaids may be paid by seller concessions. Max 6%


100% gifting acceptable from disinterested third party **Documentation

Required: Acceptable gift letter, donor’s ability to gift, Evidence of receipt &

deposit of gift, & updated bank statements or History printout to reflect balance

after gift. **Note** History printout must identify the borrower, the account

number, and must be stamped, signed and dated by the teller***

Cash contribution

No minimum cash contribution from borrowers

Earnest Money Deposit

Copy of cancelled check & Evidence of borrower’s own funds


All USDA Appraisals are ordered on CNB National Lending, LLC’s website:

Eligible areas

Property must be located in a RD eligible area

Other Real Estate Owned

Occupancy/Size of Home

Primary residence only and Minimum Square footage 800

Property Type

Single family or RD eligible condo/PUD. 1 unit only.

Manufactured homes

No Manufactured Homes Allowed.

Swimming pools

In-ground swimming pools require an exception from USDA **Note** the

contributory value of the pool must be subtracted out of the appraised value of

the home*** (above ground permitted)

Thermal Certification

Thermal insulation certifications are no longer required!

Home Inspection

Adequacy Certification

USPAP Ethic’s Rule

Homes must be certified as meeting HUD handbook guidelines 4150.2 &

4905.1. This specific verbiage must be added to the appraisal on page 3 of 6

Page 3 is the same page as the cost approach section.

Appraiser’s must comply with the 2010/2011 USPAP Ethics Rule in the

Conduct Section requires that the appraiser, to make the following statement on

page 3 of 6 in the additional comments section above the cost approach section.

Appraiser’s must state the following ~~ Therefore, I am stating that I have not

performed an appraisal service with regard to the subject property in the three

years proceeding this assignment.

Termite inspection

All areas as required by RD &/OR appraisal or purchase contract.

Well/Septic inspections

If property has a well &/Or Septic this is 100% required – Septic inspection

may be completed by FHA roster appraiser. Appraiser to state that he/she has

located septic and it appears to be in working order, free of observable system

failure and it is an acceptable distance from the well & lot line and is in

compliance with HUD OR State code. Well water must be tested by state

certified lab.

Repairs-Must be completed

prior to loan closing as



Escrow repairs now available. details for USDA Repair Escrows

CFR 226.2(a)(2). All products are subject to credit and property approval. Program terms and conditions are subject to change without notice.

Not all products are available in all states or for all dollar amounts. Other restrictions and limitations apply.

67 thoughts on “Guidelines

  1. Very great post. I simply stumbled upon your blog and wished to say that I have really loved surfing around your weblog posts. In any case I’ll be subscribing on your rss feed and I am hoping you write again soon!

  2. Pingback: URL
  3. It’s a pity you don’t have a donate button! I’d definitely donate to this outstanding blog! I guess for now i’ll settle
    for bookmarking and adding your RSS feed to my Google account.
    I look forward to brand new updates and will share this blog
    with my Facebook group. Talk soon!

  4. Feldman is staying on at AMD after the acquisition closes and will be general manager of a new Data Center Server Solutions business unit, reporting to Su.
    Now, it was time to make themselves known. And the biggest problem for Ruy Teixeira is that he really believes what he believes.
    If that happens, then yes – the needle can be moved positively.
    Set a good example.

    vip loan shop

  5. Hello I am Paul, it’s my first occasion commenting on a site. When I read this post I thought I would comment due to its peremptory writing on the subject. Well done.

  6. Howdy just wanted to give you a brief heads up and let you know a
    few of the images aren’t loading properly. I’m not sure why
    but I think its a linking issue. I’ve tried it in two different internet browsers and both show the same results.

  7. When I initially commented I clicked the Notify me when new comments are added checkbox and now each time a comment is added I get three emails with the same comment. Is there any way you can remove me from that service? Thanks!

  8. hello!,I like your writing very a lot! Might we keep in touch more regarding your post on
    digg? I need a specialist on this area to resolve my problem.
    May be that is you! Having a look ahead to see you.

  9. It’s appropriate time to make some plans for the future and it’s time to be happy.
    I’ve read this post and if I could I want to suggest you few interesting things or tips. Maybe you can write next articles referring to this article. I want to read more things about it!

  10. Wow that was unusual. I just wrote an extremely long comment but after I clicked submit my
    comment didn’t show up. Grrrr… well I’m not writing all that over again.

    Regardless, just wanted to say excellent blog!

  11. Hi there, i read your blog occasionally and i own
    a similar one and i was just wondering if you get a lot of spam remarks?
    If so how do you protect against it, any plugin or anything
    you can recommend? I get so much lately it’s driving me mad so any assistance is very much appreciated.

  12. I’m more than happy to uncover this site. I need to to thank you for your time for this particularly fantastic read!! I definitely loved every part of it and i also have you bookmarked to see new stuff in your web site.

  13. I love your blog.. very nice colours & theme. Did you make this website yourself or did you hire someone
    to do it for you? Plz answer back as I’m looking to create my own blog and would like to find out where u got this from. many thanks

  14. Hey there would you mind stating which blog platform you’re working with? I’m looking to start my own blog soon
    but I’m having a hard time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design and style seems different then most blogs and I’m looking
    for something completely unique. P.S Sorry for getting off-topic but I had to ask!

  15. I don’t create a leave a response, however after reading a few of the remarks on Guidelines | Kentucky USDA RHS Rural Housing Mortgage Loans. I do have a couple of questions for you if you do not mind. Could it be only me or do some of the comments look like they are coming from brain dead visitors? 😛 And, if you are writing on additional places, I’d
    like to keep up with you. Would you post a list of the complete
    urls of your social networking pages like your linkedin
    profile, Facebook page or twitter feed?

  16. Hi there are you using Typo3 for your blog platform? I’m new to the blog world but I’m trying to get started and set up my own.
    Do you need any coding knowledge to make your own
    blog? Any help would be really appreciated!

  17. great publication, very informative. I wonder why
    the other experts of this sector don’t understand this. You should proceed your writing. I’m
    sure, you’ve a great readers’ base already!

  18. You are so awesome! I don’t suppose I’ve truly read through anything like this before.

    So good to find someone with a few genuine thoughts on
    this subject. Really.. thank you for starting this up.
    This site is one thing that’s needed on the web, someone with some originality!

  19. Amazing! I’m really enjoying the design and style of your web site. Are you using a custom made template or is this readily available to all users? If you don’t want to
    say the name of it out in the public, please contact me
    at: I’d really like to get my hands on this template! Bless you.

  20. Cool blog! Is your theme custom made or did you download it from somewhere?
    A theme like yours with a few simple tweeks
    would really make my blog stand out. Please
    let me know where you got your design. Cheers

  21. Have you ever considered about including a little bit
    more than just your articles? I mean, what you say is valuable and everything.
    But imagine if you added some great visuals or videos to give your
    posts more, “pop”! Your content is excellent but with pics and
    video clips, this blog could definitely be one of the most
    beneficial in its niche. Very good blog!

  22. You see no buttons or menus while typing, but Typerighter has a small arsenal of features just
    below the surface. Here’s what a tornado looks like on Mars.
    He had 30 multiple-point games, including a season-high five
    points against Miramichi on Oct. I have a 12 month subscription
    with my Ki Fit so I plan to set myself a reward for each month as
    an incentive to stick with it and make the most of the data it provides.
    of “capacity” rather than output.

  23. With two years of eligibility remaining, Hamilton found it hard
    to find the field in 2010, where he was trapped behind a pair of talented defensive ends in Quinton Spears and Jarvis
    Wilson. How about 1000? Donc -et je le dis après avoir
    été viré par Olivennes d’Europe, et avoir démissionné
    du JDD, journal qui ne m’inspire aucun regret, c’est une litote- le choix
    de Bellay pour remplacer Jay me parait tout à fait rationnel.
    & yes you ARE asking him to change & be more like other players.

    .but let me tell you one thing respectfully, weather he smiles or not.

    . I’m at my most creative at the wee hours of the

  24. This council doesn’t bring a huge amount of new information to the decision.

    Finally, I’ll observe that these complaints all seem a little self-righteous to me.
    After a few months, i developed an audible clicking sound coming from my right
    hip, and similar pain as before. To ride their horses and take away their possessions.
    I don’t pay too much attention to professional politicians, clergy or critics ……on the left or right.

  25. I blog quite often and I really thank you for your information.
    This great article has truly peaked my interest. I am going to bookmark your blog and keep checking for new details about once a week.
    I opted in for your RSS feed too.

  26. 6. She will be electronically connected. We’re not revisionists.
    The group will focus on getting results rather than communication,
    he said. The sports announcers are also frequently caught in immoral situations.
    Time, functions as currency so you can prolong your life indefinitely, provided you have a steady income and you carefully manage
    your budget to ensure you never run your clock down to zero.

  27. The news which is telecasting all the information from all the sides of the world is
    called as world news. He tells the tale of a young boy,
    a tot, who was riding a toy car near the railroad crossing.

    They can also update news on their site as and when the event
    occurs while the newspapers have to wait until the
    next morning.

  28. Today, while I was at work, my sister stole my iphone and tested to see if it can
    survive a 30 foot drop, just so she can be a youtube sensation.
    My apple ipad is now destroyed and she has
    83 views. I know this is completely off topic but I had to share
    it with someone!

  29. more outdoor stuff and some towns had Georgian buildings?
    Fire squads will have to come from Damak (4 km’s) and places like Itihari and Kakarbitta making swift response impossible.
    Location: Portland Saturday Market is located next to the Willamette River in
    both Waterfront and Ankeny Parks on SW Naito Blvd in downtown Portland, Oregon.

    Which teacher should be elected the next pope?
    She’s matured!

  30. The altitude is high, the roads are difficult
    and it often takes days to reach some of these remote villages that are
    only accessible by foot. I attended a standard Dianetics lecture at the L.
    A. Well that’s the way I see things. It appears that everyone has heard that some apple phones have a
    speech ‘thing’, some know that it only works
    if you have the right apple phone, but very few knew that only a few bits work on the allegedly functional devices.
    Not that your stand isn’t defensible; just that you haven’t
    defended it well.

  31. The tunnel is bored by a tunnel boring machine (TBM) and lined with precast watertight concrete segments.

    I guess that makes you a left-wing loony. He was shortly
    provided to have been great with dr. Winning the vote for women was hard.
    RBTH reporter Artem Zagorodnov packs his crampons and his one-of-a-kind stories.

  32. Born into a clerical family in Mashhad in northeast Iran in 1939, he became involved with underground groups
    opposed to the U.S.-backed Shah in the 1960s and was jailed several times.
    Victor Manuel Vucetich no dio por perdido el encuentro y mandó al chileno Humberto Suazo y a Angel Reyna, movimientos que redituaron al recortar distancia al 69, cuando un disparo del “Chupete”
    fue desviado por Néstor Araujo y Corona no alcanzó el
    balón que terminó en el fondo de su arco. “Plusieurs accusations contre l’OTAN examinées par la Commission étaient soit exagérées soit une tentative délibérée de désinformation” ,
    affirme le rapport. He asked that Hamelin’s sentence reflect that, as well as the 19 days he spent in pre-sentence custody.

    Además, no sólo es limpia y respetuosa con el medio ambiente, también es silenciosa.

  33. Sign up for LifeLines, LifeBridge Health’s email newsletter! And no, I will not be watching I’d rather watch paint dry. Il prendra le risque, fonce lorsque l’occasion
    est bonne… They are working on mastering a page on Facebook and their own website.
    SIC Beats Word on the Street Blog Brings Music, Culture,
    Entertainment, Beats, Production, Mixing and Mastering from
    a Hip Hop Perspective.

  34. It’s funny because we ALL joined different sororities, yet we stayed so close.
    “This is really about a company trying with great difficulty to navigate the byzantine maze of politics in Yonkers,” he said.
    Why use your talents to become a math or science teacher?
    It’s a bit unusual when you switch straight from incandescent, but it’s no worse than the “on time” for most CFLs, and there’s no slow warm-up time for LEDs like you get with CFLs.
    “His life revolved around Michael Jordan,” Modie Lavin said.

  35. In his book, Mr. Modern Italians can’t even build petrol-powered carriages properly. So Michael, in order to keep both loved ones alive, begins living dual realities — with the help of dual shrinks (played by B.D. The inner child will be thrilled. on Tuesdays; last season, fully 7 percent said they regularly watched ABC’s Castle and CBS’ Hawaii Five-O , even though they opposed each other at 10 p.m.

  36. No matter how well they decorate our cage, we will never prefer it to freedom.
    Όπως είναι αδύνατο να γίνουμε ιατροί
    ή μηχανικοί αν δεν μαθητεύσουμε για μερικά χρόνια,
    κατά τον ίδιο τρόπο είναι αδύνατο να κατανοήσουμε τη σημασία της χριστιανικής ζωής, αν πριν δεν δοκιμάσουμε να
    εφαρμόσουμε στη ζωή μας τις Θείες
    Εντολές του Ιησού Χριστού, να μαθητεύσουμε δηλαδή στην αγιαστική ζωή της
    Εκκλησίας μας, με την υπακοή μας στη διδασκαλία της.
    You’ll be surprised, then, that Bayside is meaningful to me.
    And then this past Monday happened. Everything went according to plan.

  37. …Or it might have been a question about a specific project they saw – for example, pavement surfaces can be negatively affected by
    physically grinding off old lane markings (especially thermoplastic) to
    accommodate a new lane configuration. 6″ worth will set you back 470 calories and 24 grams
    of fat (as shown). Am I getting annoying? I ummed agreement with his Chelsea Tangerine and Grey effort, I nodded approval at
    Manchester United’s grey it-looks-good-with-jeans-but-can’t-be-seen-for-love-nor-money-on-the-pitch jersey and I
    enjoyed very much Aldenham School’s 1870 strip of all white topped with a black turban.
    You could insert any field of study to replace “science” here….

  38. Maybe you haven’t but I definitely have.
    As the Park District takes advantage of the parking garage
    roof repair to plant a 21st-century park on the shores
    of Lake Michigan one of its big goals is to make
    this corner of Grant Park attract more people — from across
    the city, day and night, and all year round.
    Selena was spotted catching a flight in Tampa, Florida yesterday, but no word yet on where that flight was headed.
    The baritone that played Jud was fan-freaking-tastic. New Likes, People Talking About
    This and Visits (check-ins) are also displayed publicly in the monthly summary sections of pages’ Timelines.

  39. But this doesn’t make them any less professional about their work than someone in a suit.
    Nearly all regular employees are paid at a rate that exceeds the local living
    wage. Current President Benigno Aquino III has staked his future on rooting out corruption, and some
    analysts say his backers are trying to air accusations against Mr.
    The House Bill (625) is on the special order
    calendar in to be passed by the full House. Brothers Randall and Daniel Hsieh will lead Maranatha in No.

  40. Their voices blend beautifully together, creating sweet harmonies and, with this song in particular, giving a fuller picture to the story.
    “What Democrat would not worry about a popular leader from a critical state who sounds pretty moderate and can rescue the GOP from it’s anti-Latino death grip?” he said.
    Mansion servant enslaved by uber-rich New York family for nearly
    six years A wealthy New York woman is facing criminal charges after being accused
    of keeping an illegal immigrant as an indentured servant and forcing her
    to live in a closet for nearly six years.

    I’ve been to California Disneyland at least twice.
    What are you planning to do over the Easter holiday this year?

  41. The two strangers Nikhil (Zafar) and Lalitha (Hydari)
    meet for the first time when they land at a
    London airport and decide to spend a few hours together.
    ang mayroon lamang ay praxis bilang paraan ng
    pagunlad ng kaalaman at praktikang panlipunan na gagabay sa tunay
    na tagumpay. This home will not last!!! When the mixture is ready,
    it will start to sizzle lightly in the pan and clump together when you stir it.
    Raises for Robertson, Nova, Gardner, Pineda come to another 4 mil
    plus 10 for taxes and pension – leaves $50 mil for DH/3b, RF, C, 4
    bench spots, 1 starter, 4 relievers.

  42. The last time I stumbled across a website this charming it cost me a few grades in
    my GCSEs i’m almost positive, I was on it that regularly.

  43. I believe this is among the so much significant information for
    me. And i’m glad studying your article. However wanna observation on some common things, The site style is great, the articles is actually nice : D. Just right task, cheers

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s