Tag Archives: usda home loans

2012 USDA Funds Available Under Continuing Resolution

Fiscal Year (FY) 2012 funds have been made available for purchase and refinance type loans for the Single Family Guaranteed Loan Program under a Continuing Resolution (CR) which expires on November 18, 2011.  However, refinance funds are very limited and … Continue reading

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USDA Changes Funding Fee Effective October 1, 2011

On October 1st 2011, USDA will change it’s funding fee structure.  The new funding fee for purchases will be 2% upfront, and 0.3% annually.  Refinances will stay the same at 1% upfront, but will also have the 0.3% monthly fee. … Continue reading

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