USDA Home Loans Blog

Will USDA Rural Development, USDA Home Loans Run out of funds.
March 24th, 2010 5:16 PM

We have just been notified that since so many banks have stopped funding USDA Loans that the funds will last longer than anticipated. Probably thru May.

We are still taking applications and closing USDA Loans at least thru May.

There is also talk that the current funding fee of 2% will be increased to 3.25% and with this increase there would no longer be a shortage of funds for this program.

Apply Now before the funds run out


Posted by Steve Jeppesen on March 24th, 2010 5:16 PMPost a Comment (0)

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