New Definition of Rural by USDA

FHA Streamline Refinance

The House of Representatives are considering a bill that will “renew” the Farm Bill.  Unlike the Senate bill to fund the USDA – the House version does NOT tackle the question of USDA Home Loans and the new “definition” of Rural.  That’s unfortunate.  The Real Estate “Housing” recovery is not in high gear – and […]

USDA Home Loan Map Changes in NC Update

questions about usda home loan requriements

Just received this USDA Home Loan Map Changes in NC update – The Senate passed the USDA Bill, the House needs to include Grandfather language in order for the Maps to remain in place through January 15, 2014. Most loan officers are not familiar with the USDA Loan Program – which is a shame, because it’s one […]