Ar_home_b_search
 

On Thursday, April 27, 2010, The US House of Representatives passed the Rural Housing Preservation & Stabilization Act of 2010.  This bill must still be voted and approved by the US Senate before the anticipated changes below can be implemented:Increase the Guarantee Fee up to 3.5% on loans for housing & buildings on adequate farms.Authorize the Sec of Agriculture to collect an annual fee during the term of such loan, of up to 0.50% of its outstanding principal balanceIf this passes the Senate it guarantees the USDA Rural Development up to $30 billion in loans in the Fiscal Year 2010.  (Represents an additional $18 billion in loans making authority for the reminder of this year.) I will keep you updated as more information becomes available.

 

 

 

0 Comments on USDA Loans


What does the graphic say?

Leave a response…



(optional)
What does the graphic say?
 
Valerie_picture_2010_005_large_

Valerie Attaya

Conroe, TX

More about me…

CORE Lending

Address: 2200 N FM 3083 W, Conroe, TX, 773074

Office Phone: (936) 521-7507

Cell Phone: (281) 413-4604

Email Me

Conroe Mortgage Loans is dedicated to Conroe Home Loans and Home Financing. For information concerning home loans and financing/refinancing in the Conroe, Lake Conroe area, please visit www.conroemortgageloans.com


Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Conroe real estate on ActiveRain.