USDA Update Guarantee fee raised

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. 


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
ActiveRain Community
1st Time Buyers
Mortgage Bankers
Active Rain Block Party
Responsible Mortgage Lenders
down payment assistance
home ownership
short sales
real estate
usda home loans
april diehl
primelending mortgage

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


April Diehl

Local Expertise National Strength
Ask me a question
Spam prevention