Lee County Florida; USDA/RURAL HOUSING Loves YOU...once again!

By
Mortgage and Lending with Christensen Financial Mortgage 385907

So, you want to be a government lender? get used to changes, some of which may make no sense and come with no explanation.

On May 5th the Florida Department of Rural Housing announced changes to the eligible areas in Lee County. At that time they summed it up with the following statement;

most of Lee County is ineligible

The portion of Lee County which would remain eligible was minute, tiny.

The announcement set the target date as no sooner than September 1st.

But how things change

the new target date is

it's not happening

USDA/Rural Housing announced on June 28th that

Property Eligibility area maps will not be changed

There was no explanation given but they did offer the following statement;

We apologize for the recent disruption in your business that may have occured because of our announcements regarding changing the ineligible maps. You may proceed with "business as usual"

Well, thank you very much!

That would mean that the current maps, which have not yet changed would be the correct maps, and that most, although not all of Lee County is eligible and will continue to be eligible until further notice. So either check out the maps at

http://eligibility.sc.egov.usda.gov

or call smilely over there on the right. I understand he's been doing USDA/Rural Housing loans, well forever.

and don't forget

USDA/Rural Housing loves Lee County

once again 

    

Comments (2)

Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Jay,  Sounds a little bit like the old " Hurry up  -  and wait ."  Or,  just don't bother !     Same old , same old.  Hope you have a terrific 4th of July weekend !

Jul 01, 2011 04:50 AM
Jay Beckingham
Christensen Financial Mortgage - Port St Lucie, FL
Seniors ROCK!

 Bill,

I keep cautioning people, especially out of state lenders,  that our guidelines still act like moving targets.

BUt, this is good news for the eligible areas.

Have a great holiday weekend.

Jay 

Jul 01, 2011 04:55 AM