fbpx Skip to content

USDA Preliminary Approval Process

Reviewed by: David Naimey

Approved by: Chad Turner


The USDA Guaranteed 502 Program is an excellent loan for any individual interested in a home purchase.  It allows for minimal out of pocket cost and helps people obtain property in a manner unlike any other mortgage program.

Society Mortgage is a leader in this industry and specializes in this particular loan program.  If you would like to see if you can qualify for the program and see how best Society Mortgagecan help you out, please contact one of our representatives who will get you started on the pre-approval process.  The following is a description of what you can expect regarding your initial inquiry.

Upon making an online inquiry or phone call directly to us you will be speaking with a company representative who will be able to look into the possibility of obtaining a loan.  The rep will ask which state you are looking to purchase in and discuss the parameters of what qualifies a structure for financing through the program.  Then, to determine if you as an individual can qualify, the rep will gather information regarding basic qualifications and get you transferred to a licensed loan officer in your state that will go over the financial aspects of the program with you.

The information obtained by the rep includes your current income situation, employment history, living situation (renting or ownership), as well as some basics about your overall credit profile.  For the file the rep will need contact information as well as a current physical address of the applicant in order to get the applicant speaking with a loan officer.  Once transferred, the loan officer will look into the credit profile of the customer and determine if the program would be an option at this time and discuss the remaining documents that would be needed to complete a pre-approval!


Written by: