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USDA Loan With Judgment
What do you do if you didn’t know you had a judgment against you and is 11 years old and in the middle of a USDA loan?
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1 Reply
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Homebuyers eligible for USDA Loans with judgment needs to either have the judgment paid off prior to or at closing or need a written payment agreement with the judgment creditor. You need to make a written payment agreement with the judgment creditor and make three timely payments. You cannot advance pay the three payments ahead of time. Three months need to be seasoned.