Unlike FHA, USDA does not have an “identity of interest” requirement. Family members can sell a home to another family member without issue.
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Answer: [tweet-start]USDA does not have an “identity of interest” requirement when a family member sells a property to another family member.[tweet-end] I think your concern is probably associated with the fact that FHA loans have what is called “identity of interest” requirements that impact the loan to value (LTV). USDA has no such requirements. Other […]