– Non-Traditional Credit and USDA Loans. If you don’t have a traditional credit profile, you can still qualify for a USDA loan. You will be asked to provide proof of what’s called a "non-traditional tradeline," essentially meaning that you pay your bills on time.
How Construction Loans Help Finance Your Dream House – Credit score: Most construction loan lenders require a credit score of 680 or higher Down payment: A 20% to 30% down payment is typically required for new construction, but some renovation loan.
Current Usda Loan Interest Rates 13 Mortgage Facts That Might Surprise You – A little shopping around can yield very different rates: You might assume that the current average interest rate. You can get a mortgage paying little to nothing down: You might not want to, though.