Did you know – No Tradelines? No Problem! With GUS Accept/Eligible.

GUS ACCEPT FILES

1.  No minimum trade lines are required
2.  Authorized user accounts do not need to be removed and do not affect Accept decision

GUST REFER FILES

1.  Two satisfactory trade lines reporting on the credit report that are open or were open for 12 months.
2.  If two trade lines are not reporting on report then three non=traditional credit references are required.
3.  A recent 12 consecutive months of rental history will count as two non-traditional references. Private VOR’s are acceptable. Renting from family requires last 12 canceled checks (VOR and one non-traditional or trade on credit will validate the score).

Only one borrower who contributes income and/or assets is required to have the minimum tradelines. Assets is required to have the minimum tradelines.

For more information, visit our USDA page or contact your District Director!