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Updated almost 3 years ago on . Most recent reply
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USDA loan first time home buyer, Crestline, CA or surrounding
Hello everyone, greetings so I am a single mom and just got a pre approval for a USDA direct loan for the amount of 285K. I have been trying for 5 years to get a pre approval for a home. It is just me, no co signer, no family, completely on my own. So five years later I am finally pre approved and the problem is there are no homes for sale in or even near the areas that qualify for USDA. I do see some homes for sale above my loan amount of 285K. I see some homes for sale in the 315k range and 319K range however this is far below my loan amount. I work in Rialto, CA so I was looking to buy in Lake Arrowhead, Crestline, Lake Gregory, Twin Peaks, as these areas are rural but still within driving distance to my current job. I am beginning to feel hopeless. Any suggestions on finding properties in these areas. The USDA only allows 60 days to find a property then I will be ineligible once again. Again the property has to be rural and within the loan amount of 285 K. Any advice is much appreciated.