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usda loans: USDA Runs out of funds!! - 03/12/10 03:06 PM
 
There have been quite a few rumblings about the USDA program over the last few weeks, and I just got some concrete news – USDA is on track to run out of funds by the end of April. Following is a portion of the letter from them:
This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010.  Once funding is exhausted, the Agency will not issue Conditional Commitments “subject to receipt of appropriated funds."  This is because it is not certain when additional funding will … (5 comments)

 
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Dan Magstadt

Lake City, FL

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Main Street Financial

Address: 496 SW Ring Court, Lake City, FL, 32025

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Mortgage blog written by Dan Magstadt to help give some insight into the mortgage market as well as let everyone know what's going on at Meridian Financial & my personal life!
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