The USDA guidelines would have you believe that you can only use your USDA home loan eligibility one time. Technically, this is true, but there is a loophole. Looking at it in the literal sense, yes, you can only use the USDA loan once at a time. However, everyone is eligible to sell their current home with USDA financing, pay off the loan and secure another USDA loan for their next home. This is just like any other loan program. There … [Read more...]