No Money Down OR & CA » income limits http://no-money-down-usda-mortgage.com USDA and VA Zero Down Mortgage Information Tue, 24 Aug 2010 18:45:38 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Committee moves USDA funding on to Congress http://no-money-down-usda-mortgage.com/2010/04/27/committee-moves-usda-funding-on-to-congress/ http://no-money-down-usda-mortgage.com/2010/04/27/committee-moves-usda-funding-on-to-congress/#comments Wed, 28 Apr 2010 06:00:31 +0000 Fred Chamberlin http://no-money-down-usda-mortgage.com/?p=385 Committee moves USDA funding on to Congress is a post from: No Money Down OR & CA

]]> As I reported last month, USDA said they would be out of funding for the Rural Guaranteed Home Loan Program, probably in April. Monday, the House Financial Services Committed voted unanimously to send the Rural Housing Preservation and Stabilization Act of 2010 to the full House for vote. This could mean that no money down rural loans will be available for the areas outside of Eugene/Springfield with no break in the home purchase program. Read More

]]> http://no-money-down-usda-mortgage.com/2010/04/27/committee-moves-usda-funding-on-to-congress/feed/ 4 USDA Running out of money shortly http://no-money-down-usda-mortgage.com/2010/03/19/usda-running-out-of-money-shortly/ http://no-money-down-usda-mortgage.com/2010/03/19/usda-running-out-of-money-shortly/#comments Fri, 19 Mar 2010 16:00:30 +0000 Fred Chamberlin http://no-money-down-usda-mortgage.com/?p=339 The United States Department of Agriculture (USDA) recently announced that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by April. This will have major effect on all Lane County Rural applications. The USDA normally runs out of money near the start of their new fiscal year and have issued Conditional Commitments on loans approved prior to more funding being received. Read More

USDA Running out of money shortly is a post from: No Money Down OR & CA

]]> The United States Department of Agriculture (USDA) recently announced that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by April. This will have major effect on all Lane County Rural applications. The USDA normally runs out of money near the start of their new fiscal year and have issued Conditional Commitments on loans approved prior to more funding being received. Read More

]]> http://no-money-down-usda-mortgage.com/2010/03/19/usda-running-out-of-money-shortly/feed/ 1 USDA Underwriting Getting More Conservative http://no-money-down-usda-mortgage.com/2009/12/17/usda-underwriting-getting-more-conservative/ http://no-money-down-usda-mortgage.com/2009/12/17/usda-underwriting-getting-more-conservative/#comments Thu, 17 Dec 2009 21:32:20 +0000 Fred Chamberlin http://no-money-down-usda-mortgage.com/?p=273 USDA Underwriting Getting More Conservative is a post from: No Money Down OR & CA

]]> Recently I have seen examples of USDA Rural Guaranteed Mortgage Loans that were turned down by USDA for reasons that have not been an issue previously to my knowledge. What this points out is that with the increased interest in USDA Rural Guaranteed Mortgage Loans as one of the very few 100% financing options out there, the review process is getting stricter. So, if you are looking for a no money down loan, you should be prepared for the extra scrutiny during the process.  Read More

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