USDA Update Guarantee fee raised

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Mortgage and Lending with Caliber Home Loans 176918

USDA Extension Update

 

The House of Representatives passed a bill extending the USDA housing program.  The bill raises the guarantee fee to 3.5% (from 2%).  Last week, Barney Frank, Chairman of the House Financial Services Committee (and Chris Cordry's uncle) , mentioned that conversations were underway with the Senate and was hopeful that the extension could be completed before funding expired in early May. 

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1st Time Buyers
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Tags:
down payment assistance
home ownership
short sales
real estate
usda home loans
april diehl
primelending mortgage

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April Diehl

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