USDA Loans At The Money Source

Jun 24 2015


Our committement at The Money Source is to form a partnership with our customers. One product we offer through this partnership is the USDA loan program. USDA loans are a part of the Government's Rural Development program.

The USDA home loan program is geared toward rural areas, with certain income eligibility requirements for applicants. At TMS, we follow RHS guidelines with no overlays and offer some niches for the USDA program, which include:

  • 100% financing, no down payment with 550+ FICO
  • Manual Underwriting acceptable
  • Higher DTIs acceptable as long as RHS approved
  • Manufactured Homes allowed on new construction purchases

If you want to find out more about how you can take advantage of our USDA program, fill out our Become a Partner page! You can also visit our website for more information on The Money Source.

The Money Source Inc. is not affiliated with or acting on behalf of or at the direction of the Department of Housing and Urban Development or the Federal Housing Administration, or the Federal government.


Topics: USDA Loans, Homeownership, The Money Source, Grow Happiness, USDA Rural Development, USDA Loan Program, The Money Source Inc., TMS correspondent, Products and Services, Pink Unicorn

Welcome to Our Blog!

Mar 26 2015


Hello blogosphere! We are The Money Source, a national correspondent lending company devoted to Growing Happiness! What does that mean? Well, we believe that by investing in the needs of our sellers, employees, and homeowners we can create an environment that fosters growth, achievement, and most importantly happiness. How will we do that? Our Core Values shape how we will Grow Happiness.

Our big goal (every company should have one) is 1MHo+. This little formula translates to helping 1,000,000 families achieve the dream of homeownership over the next 10 years. We believe that our WHY and Core Values will help us achieve this goal.

This blog will have insights into the mortgage industry, along with the fun and exciting things happening at The Money Source and just overall a place that exemplifies our WHY and our Core Values. They are very unique and we will revisit them often in our posts. Stay tuned!

Topics: Homeownership, Our Why, The Money Source, Grow Happiness, Core Values, About Us, Correspondent Mortgage

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