Does anyone have any information on pre-qualifying for a USDA Direct Loan in Indiana?

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I want to try to get pre-qualified for a USDA direct loan before I look for a home. I am in Indiana and cannot find anything about it online.
A Direct loan is directly from the USDA not through a mortgage broker.

2 comments to Does anyone have any information on pre-qualifying for a USDA Direct Loan in Indiana?

  • Angry Bird  says:

    Just like an FHA loan, any bank will be able to help you with this.
    Call a bank and make an appointment

  • Jim  says:

    You don’t go directly through USDA. USDA is not a lender. Any loan officer or mortgage broker that offers that product can help you. Once underwriting clears the loan they will send it off to USDA for final approval.

    Check out this website. You can plug in a potential address to make sure that the propety qualifies, you also need to meet income guidelines which all can be found out on this website:

    http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

    Click under property eligiblity and income eligiblity links that are on the front page for more info.

    Why do you want to do direct USDA and not a Guaranteed USDA?

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