HELP! Need USDA info! How likely are we to qualify for DIRECT loan?We want to try and get the 8k credit by 4/30 and get an offer in by then. But I have some questions. I plan to go or call my local USDA office Monday but can anyone answer these questions?1. As far as calculating the income to be within direct limits, Will they go by 2009s tax return income? or by the past 2 years avg? (2008 was half as much and included some unemployment income (layoffs) Do they ever look at like past 10 yrs like a track record, because he has made about the same or more for past 15 years. We have self employment income for 2 yrs returns. Incorporated in 2009. Steady & stable industry. same income cash flow every month also. I am stay at home mom, with small income in 2010, but nothing to show in 2009. 2.we had a bankruptcy discharged 10/2007, & foreclosure- trustee sale on 5/14/2007. House was not in bankruptcy. 2nd HELOC loan was. Will we be able to get pre qualified before we hit the 3 yr mark from foreclosure on 5/14? or do we have to wait til June to get pre-approved, or will it be ok to close in June when its been 3 yrs. I was told it was ok for usda after 24 mos. We have NO DEBT. No credit cards or loans opened at all since bankruptcy ( we dont want any) We own both cars. perfect rental history since 2007. our fico scores were pulled by a broker last week 612 & 636 and 645 and 659 she said the other was not reporting a score. 4. If we have to have an income under 38,500 to qualify and our to qualify your need to pay %26 income to mortgage? how with 2% prop tax on 200k? in CA!?February 21 2010 - Winchester00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.