Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

USDA in Texas - Time is Running Out - Eligibility Changes 2014
 USDA - Time is Running Out - Eligibilty Changes 2014
 
 

 
There have been a few changes to the USDA eligibility coverage areas. Up to this point, it was just a guess as to what areas would be affected if and when the new changes were decided. As of now, these changes will once again be on the table this January, barring Congressional Action to extend the current eligibility and coverage areas. 
 
These changes were scheduled to start on October 1, 2011, but under pressure from the crippled mortgage industry, it was delayed and swept under the rug. Below you will see the current eligible areas in North Texas.
 
Current
 

 
Starting October 2014


 
 
 
 As you can see from the above map, there are going to be some significant changes, most notably the removal of the cities, Little Elm and Oak Point. So how will this affect the future of the USDA home loan program, that remains to be seen. It will be a challenge to locate areas that include newer homes at an affordable price that aren't too far from larger cities.
If you or anyone you know has even ... more

__________________________________________________
Are you on The Rain? Grow Your Network!