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Tag Archives: guarantee fee
USDA Mortgage Guarantee & Annual Fee changes
USDA / Rural Housing just announced that starting October 1st 2011 the USDA up front (one-time) Guarantee Fee will be changing. In addition to this, USDA /Rural Housing will be adding an annual fee to the program. August 2012 – … Continue reading
USDA home loan closing costs ?
USDA home loan closing costs? What can you expect? We have received many questions lately regarding USDA financing and closing costs. Generally speaking, for a new home purchase in Florida the buyer can expect to pay 3 -6% ( … Continue reading
Q&A – Current USDA / RD funding fee?
Question: Did the USDA funding fee recently change? If you would, please let me know this new amount. T.D Burton – Lehigh Acres , FL Answer: The guarantee fee (or funding fee) did change a few months back. The current … Continue reading
Q&A – Terms of USDA Home Loan Mortgage?
QUESTION: What are the terms and interest rates of a Florida USDA home loan? D.Jeffries / Pensacola, FL ANSWER: Thank you for your question. The USDA home loan is a basic 30 year fix mortgage. There is no pre-payment (early … Continue reading