Bad credit doesn?t automatically preclude you from buying a home. You still have options ? and a USDA loan is one of them.
USDA loans are designed to make homeownership more accessible to Americans, and they come with looser credit standards and income requirements than other types of mortgage loans. This makes them an ideal choice for buyers with less-than-ideal credit scores.
Darryl founded Smith Financial Advisors Inc. in 2006 after over 30 years experience in financial services including Mergers & Acquisitions, Investment Banking and traditional Commercial Banking activities at Bank One. Smith Financial Advisors is a Registered Investment Advisor in the State of Illinois. The firm specializes in Investment management, financial planning, and retirement planning.