Zillow Advice: FHA and VA Loans - what condition does the house have to be in to get get approved for a usda loan? http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ Zillow Advice | Zillow Real Estate An FHA 203K Rehab loan may ... http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ An FHA 203K Rehab loan may be the best fit for the property if it is in need of repairs. Tue, 29 Oct 2013 07:56:00 GMT http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ 2013-10-29T07:56:00Z USDA is of course, location ... http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ USDA is of course, location dependent, assuming the home is located in a USDA area, there are USDA fixer programs, very similar to the FHA fixer program.&nbsp; Sounds promising, but it will take work.&nbsp; The only USDA fixer loan I helped a buyer with was direct from the USDA, not a bank lender, confusing, I know -&nbsp;but the USDA loan can be obtained 2 ways, through a bank (their money) or direct from the USDA - yes, money from the Dept of Agriculture.<br/><br/>If you have a home picked out, it may take too long to go the USDA direct route.&nbsp; If you are starting the qualifying now, look up the USDA (located at Hwy 101 and Black Lake Blvdin the US Forestry Bld.) and talk to Shayna Dickey.&nbsp; Very helpful.&nbsp; She helped my client with the USDA fixer loan, among a few other clients with other USDA direct lending purchases.<br/><br/>The condition the home needs to be in at the closing, or after the fixer program is complete - everything working and in good repair, some of the noted items - working heat in each room, safe wiring, a good roof and siding, all working windows, insulation, no chipping paint, no hazards (handrails, open wiring, etc.)<br/><br/>Good luck, I know the lending process can be complex. Mon, 28 Oct 2013 22:11:00 GMT http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ 2013-10-28T22:11:00Z okay thank you very much ... http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ okay thank you very much good to know so may have to try with fha and see if we will get approved for it Mon, 28 Oct 2013 15:09:00 GMT http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ 2013-10-28T15:09:00Z If the reason the home was ... http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ If the reason the home was pre-approved for a FHA rehab (203k) loan was due to required repairs, then it is very unlikely a RD loan through USDA will be an option, because the appraisal for both RD &amp; FHA loans require the appraiser to evaluate the condition of the home.<br/><br/> Mon, 28 Oct 2013 14:37:00 GMT http://www.zillow.com/advice-thread/what-condition-does-the-house-have-to-be-in-to-get-get-approved-for-a-usda-loan/516982/ 2013-10-28T14:37:00Z