What is the minimum credit score requirement for a USDA Loan?
Hello,The RD program doesnt have a minimum, but most banks and lenders require a 620 or higher fico score. I do have a source that goes down to 580, but the underwriting is much tougher.What is your situation?Thanks,Roger
Main residency and rental home, refinance?
You would get a better rate if you refinanced your primary residence and used it to pay off the mortgage on your rental. It would improve your rental's cash flow as well. You sould be able to write off the mortgage interest on your taxes. As always, consult your CPA.I would look at a conventional loan...