Hey everybody, this is just a Tuesday Roundup of USDA Home Loan stories – we’re in the last home stretch of funding for spring, so jump on-board the USDA Loan bandwagon or be forced to wait until Fall!
USDA Home Loans – 100% Financing for Rural Areas and Small Communities (on ConservativeThinker.Net)
Low Income, Low Downpayment Nevada [...]
Great article by Jeremiah Wean on his blog talking about the changes to HAMP (aka HAMP 2.0) recently put into effect by the Obama administration.
First, from the official government site – makinghomesaffordable.gov
“On March 26, 2010, the Administration announced several enhancements to the existing Making Home Affordable Program (MHA) and the Federal Housing Administration (FHA) refinance [...]
That’s right, you read that correctly – ask us anything. Just go over to the Questions and Answers page and send us off a question, and we will do our best. Check back later to see the answer.
So go ahead and ask already!
This is no holds barred mortgage info here, folks.
We care about customer satisfaction [...]
Money is running out for No Money Down Home Loan Program. Act fast, because in the next few weeks USDA funds will be gone until the Fall of 2010.
From a recent Wall Street Journal article:
At the Canyon Crossing community in southwest San Antonio, buyers can still get into a $135,000 four-bedroom home for no money [...]
Great article on WannaNetwork.com regarding the increasing use of USDA loans even in todays “iffy” economy.
While it seems counterintuitive at first, times of economic hardship generally favors buyers who are in a financial position to purchase a home since housing prices are low and sellers are eager to close the deal. But of course, as [...]
USDA loans are being put on hold for a few months. Rural Development, part of the Federal Guaranteed Rural Housing (GRH) program, sent out a letter last week stating that funds will be gone by the end of April 2010.
Supposedly, there isn’t even the possibility of “conditional commitments” because no one is sure when or [...]
Act now – Time is running out!
Link: More People using USDA Loans than Ever
No USDA from April to October 2010?
USDA HOME LOAN NEWS
