I need advice about USDA Loans.

[Julia Ferris]

Hello,

I think I qualify for a USDA loan, but I don't know how to be sure (other than apply). I know the property qualifies. However, the tricky part is I currently have an FHA loan and my first year of living in it is not up until November (I do not want to sell it). But I don't think this property I want want to buy will wait for me. Does anyone know how long after closing I can wait to move in for an USDA? I never saw anything saying you can't get an USDA loan if you already own something, but can you? I read that you can sometimes get extra for a renovation (and maybe that could delay my move in), but how does that work, and how big does the rehab have to be? (Could just re-doing one bathroom work?)

Any advice welcome.

Julia Ferris