USDA Rural Loans Running out of Money

07/26/2016
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If you or someone you know is making use of USDA Rural loans, you’ll want to get your deals in and closed pretty quick.  Funding for the popular program runs out September 30th.  If you miss the mark it could cause significant delays in your closings.

Comments

comments

Comments
  • What Chris said, this happens every fall…… My company (can’t speak for others) still funds RD loans even if funds run out, then we recoup once Congress replenishes the USDA. Nice scare tactic though.

    Frank M July 26, 2016 7:21 am Reply
  • I can see the headlines now. ‘Robots Rigged to Steer Consumers Into Costly Products’. Yes, that’s who I want to trust, computers that never make mistakes. You mean the ones that don’t go down, put you in a phone loop you can’t get out of, have a Q&A that doesn’t come close to even finding an answer to your question and allow all your information to get hacked. Those computers?

    REORealtor1 July 27, 2016 5:19 am Reply
  • It says refinances were 64% of the total applications….not up 64%…….

    Mark Bryan July 27, 2016 12:37 pm Reply

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