USDA Ratio Waivers

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Broker G

352 Posts

Posted - 11/07/2009 : 07:06:24 AM

For Ratio Waiver request by lender and the credit score is 660 or above no compensating factors are required. If credit score is below 660 compensating factors must be documented. This is information I received from my local USDA office when I asked if borrowers need a 660 score now to qualify.

the_mortgage_guy

2628 Posts

Posted - 11/08/2009 : 07:29:07 AM

Good Info. Thanks

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