USDA Guaranteed loan program

The only thing I can think of is a home with a swimming pool... If you trying to do USDA, you cannot purchase a home with a pool.. in certain area's there's a go around, but I'm pretty sure that won't work in MI.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

on their own site, USDA states that the rural property direct and guarantee programs requires that the house be consistently "modest" .patrick munce 248-514-6560

most of the loans for USDA are rural ,, out in the country homes, and there is a income qualifying you can not make too much money , so every has to be in the right ratios.. email the address at yourloanpartnerforlife@live.com

I do a lot of USDA loans. I've never had a "too nice" issue. On the other hand, I've experienced all sorts of other issues over the years that have caused a USDA loan denial... Including a recent one where the home was deemed to have "income producing opportunities" because the walk out basement had a full kitchen, and they determined you might rent it out.

I have not run into "too nice" here in SC and NC-it is more specific. The USDA will finance a home with an above ground pool but not a home with an in-ground pool. Keep in mind that the land value alone cannot exceed 30% of the total purchase price. USDA does look at what is on the land and I've heard of a USDA turndown because of mature hardwood trees and the USDA saying they could be sold as logs for a profit.(No income producing property.)Ken Baltes

A home can never be to nice for RD. Call me for help. Jack C Dependable Mortgage, Inc. 734-395-9027

Not sure what source you are using, but USDA is essentially a "Rural" home loan program. By extension, most qualifying properties are average or modest. This doesn't mean that the home can't be nice. It just means that the home can't be extravagant. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950