Is USDA running out of money?

 usda loan, usda, usda home loan

You may or may not have heard, USDA has announced that they anticipate funding for the guarantee program will be exhausted by the end of April.   This announcement is different from the past announcements regarding exhaustion of funds, in that this time new funding is not certain.  USDA will not be issuing conditional commitments with the conditional statement “subject to appropriation of funds”.  Click here for USDA  Update

USDA Rural Development Home Loan Program - Running out of funds

Comment balloon 0 commentsTed Canto • March 11 2010 10:09PM


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