What is the minimum FICO score needed for this loan?
In order to get a loan approved for USDA financing, you generally need at least a 620 Mid FICO score. I have had loans approved with scores lower than 620, but they are difficult to get approved, and underwriters generally do not approve anything below a 620 Mid FICO. If you have a 660 Mid FICO score or above, the loan allows for exceptions, such as higher DTI and housing ratios to be considered.
