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I just sent in a form by the mail. Im applying for a USDA 502 home loan or a direct loan.?
Does any one know how long it typically takes to be pre approved? Also Can any one give me a "guesstimation" on what amount might be eligible for? Im on disability and also food stamps. The USDA counts food stamps as part of my income, (as far as i know anyway).. I get about 1245 per month. I have fine credit and minimum debt. Thanks for any help! No scams please im not gonna reply to any get your loan from us cr@p!
Thanks Scott. I have emailed my local USDA and about 5 other branches but so far i have got no responses.. To the rest of my answers so far your wasting your time!! Im not falling for your scams!
1 Answer
- ScottLv 610 years agoFavorite Answer
I would say around 30 days, however I tried to verify it with the USDA website, and I'm not seeing any time limit they give. So, I recommend contacting them directly to inquire.
Source(s): Sources: http://homeguides.sfgate.com/qualify-usda-502-home... http://www.rurdev.usda.gov/rhs/sfh/brief_rhguar.ht...
