usda home loan rates: USDA’s Upfront and Annual Fees are Getting Smaller…
- 08/26/16 07:44 AM
USDA’s Upfront and Annual Fees are Getting Smaller…We have great news from USDA and it is going to save your clients some money.
What’s New?
USDA’s Upfront and Annual Fees are Getting Smaller…
This important advisory notice explains how these changes affect your GUS submissions.
On October 1, 2016, the first day of Fiscal Year 2017 (FY17), both the upfront guarantee fee and annual fee (collectively the “fee schedule”) for purchase and refinance loans will decrease. We are reducing the upfront guarantee fee from 2.75% to 1%, and the annual fee from .5% to .35%. The Guaranteed Underwriting System (GUS) will be updated on … (1 comments)
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usda home loan rates: USDA Future Eligible Area Maps
- 07/28/14 07:50 PM
FL/VI SFH Guaranteed Loan Program From the Florida State Office July 28, 2014
Future Eligible Area Maps are Available!
Future eligible area maps are available on the USDA Income and Property Eligibility Site. Click on “Future Eligible Areas” to preview the areas that will be affected. Applications received beginning October 1, 2014 will be subject to the new eligible area maps. Please be advised that every effort has been made to provide accurate and complete information regarding proposed ineligible areas on this website based on Rural Development rural area requirements as defined in the 2014 Farm Bill, using 2010 … (0 comments)
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