Clean Credit Requirements and USDA Home Loans in NC

“Clean Credit” is a slang term used OFTEN in mortgage lending. It refers most often to someone who has 12 months with no late payments.  But it’s not just late payments, it also refers to 12 months with no new collections filed against you.  12 months with no judgements of liens filed on your credit report. 12 months with no one writing … [Read more...]