Doug Capps's Blog

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Mortgage and Lending - Guaranty Bank & Trust Co - NMLS ID #68160

ARCHIVED BLOG POSTS

2011 

USDA UPDATES   USDA has advise in an unofficial memo, that effective 10/1/2011, USDA will not issue “subject to conditional commitments” as they normally do every year. They have funds that will last through the end of the month, so all loans with conditional commitments by 9/30/2011 will be ok, ...
09/30/2011
Some good news...  VA will be reducing the funding fees for Veterans.    Changes to VA Funding Fee        Subsequent Use of Entitlement for all:   ·         Loans closed from 10/01/2011 – 09/30/2012 = 2.8% ·         Loans closed from 10/01/2012 – 09/30/2013 = 2.15% ·         Loans closed on and a...
09/12/2011
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Doug Capps

MMS, CLO, CRMS
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