USDA Loans: Don’t wait until the cows come home.

From the Realtor news wire come this heads up on the dwindling availability of USDA loans for rural homebuyers in the fiscal year 2016:

http://www.realtor.org/articles/update-on-usda-loan-funding

The article does point out at least one other option, and for folks who aren’t going to be needing a loan during this fiscal cycle there’s no need for a stampede of panic.  However, if you’re planning a transaction soon that may involve USDA funding not yet secured, don’t count those chickens before they’re hatched.

Leave a comment