Browsing Posts in USDA Loan Updates

USDA Mortgage Funding Update! 5/11/2010 USDA Rural Housing Funding Update USDA Mortgage Online is pleased to announce that USDA Rural Development has authorized the issuance of Conditional Commitments for the Single Family Housing Guaranteed Loan Program so we can continue to close and fund USDA Mortgages once funds for Fiscal Year 2010 are exhausted. This […]

IMPORTANT ANNOUNCEMENT is committed to the USDA mortgage program despite any funding shortage. Although initially announced on March 10, 2010 that funding would be exhausted by the end of April; we believe it is possible that there will be funds available for a couple of weeks in May. Due to recent actions taken by […]

This is to inform everyone that USDA funding could be exhausted by the end of April 2010. We have been informed by the Washington Office, at the present time, there have been no new allocations for funding. We have discussed with our investor and they are working closely with Congress to obtain new allocations. Presently, […]