Fiscal Year 2011 Funding for the USDA Guaranteed Rural Housing Program
October 1st, 2010 marked the beginning of Fiscal Year 2011 for USDA Rural Development. Traditionally, when a new fiscal year begins there is a brief delay in available funding. Such is the case this year, as USDA Rural Development awaits confirmation of funding. During this time, USDA will continue to accept and review new loan applications for purchase transactions and issue modified loan approvals referencing that the approval are "subject to the availability of congressionally appropriated funds".
HomeStar Financial Corporation is the largest producer of USDA Guaranteed Rural Development loans in Georgia. Just as in previous years, HomeStar Financial Corporation will continue closing USDA Guaranteed Rural Development loans with these modified loan approvals. Therefore, by choosing to work with HomeStar Financial Corporation there will be no interruptions of service to any USDA Guaranteed Rural Housing applicants as we begin Fiscal Year 2011.
Jeff Wilmoth | HomeStar Financial Corporation...Serving all of Georgia!
848 Jesse Jewell Parkway Gainesville, GA 30501
Mortgage Loan Originator NMLS ID: 206798; HomeStar Financial Corporation NMLS ID: 70864; Georgia Residential Mortgagee Licensee #17368; Nationally Approved USDA lender USDA GRH program; FHA Lender ID - 897400009; VA - 64103600000