Tag Archive : cash reserves


Too much in the bank can disqualify from USDA Zero Down????

       USDA Guidelines & Rules / USDA Zero Down Loans

Yes! True, according to the USDA rulebook, Borrowers can be ‘able’ to get FHA (or VA) financing, but if they have 20% down for an UNINSURED Conventional loan, they’ve apparently got no business applying for USDA :). Here’s the exact verbiage from the USDA rulebook. (Remember these types of loans were brought in to assist ‘moderate income’ families who didn’t…… Read More »