Assets/Cash to Close

• Borrower Investment
• Cash Reserves
• Gifts
• Income Calculated From Assets
• NSF Fees
• Seller Contributions

AUS Errors

• TBD Address

Construction

• New Construction

Credit

• Age of Credit Report
• Authorized User Accounts
• Borrower with back child support owed
• CAIVRS
• Collections
• Consumer Credit Counseling
• Credit Score
• Credit Score & Validation
• Derogatory Accounts
• Disputed Accounts
• Excluding installment accounts
• Forbearance Guidelines
• Frozen Credit Data
• Housing History
• Judgments
• Judgment matrix
• Letters of Explanation
• Previous USDA Loss
• Minimum Credit Guidelines
• Non-Traditional Credit
• Recent Debts
• Recent Inquiries
• Student Loans
• Unacceptable Credit
• Undisclosed Debt
• Validate Credit Score Requirements

Income

• 4506T Form
• Annual Income
• Bonus Income
• Commission Income
• Child Support
• Employment Gaps
• Fixed Income
• Ineligible Income Sources
• Minimum Required Wage Earner Employment History
• Overtime Income
• Qualifying Income
• Rental Income
• Required Documentation
• Residual Income Calculator

Manufactured Homes

• Age of Manufactured Home
• Appraisal Requirements
• DTI
• Eligible Property
• Eligible Transactions
• Foundation Inspection
• Ineligible Property
• Ineligible Transactions
• Manual Underwriting
• Minimum Credit Score
• Manufactured Home Cheat Sheet
• Pilot Program
• Property Requirements
• Required Repairs
• Title Requirements

Overlays

THERE ARE NO USDA OVERLAYS AT THIS TIME

• Manual Underwriting

Property

• Age of Property
• Appraisal Guidelines
• Eligible Condos
• Eligible Properties
• Escrow Repair Guidelines
• HOI & Flood Guidelines
• Income Producing Buildings/Land
• Ineligible Properties
• MFH Guidelines
• Occupancy
• PUDs
• Site Specifics
• Utilities

Ratios

• Excluding Installment Debt
• HELOC
• Manual Underwriting
• Qualifying Ratios
• Ratio Changes After Conditional Commitment