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USDA Program Updates
USDA Approved Map 2013
USDA Rural Housing was set to change the approved locations (map) for the USDA home loan this month. It was announced this week, any map changes have yet again been delayed. This is great news for Florida home buyers wanting … Continue reading
USDA RD Approved Map Locations 2013
Rural Housing announced today that the eligible property map will NOT be changing until March 2013. Many were reporting the map change that determines what homes would be eligible was going to happen in October 2012, this is not the … Continue reading
Annual – Guarantee Rural Development Fee Increasing
USDA Rural Development home loans- effective on October 1st 2012 the USDA Rural Housing will increase the Up-Front (one time) Guarantee Fee and Annual Fee (monthly) structure as follows for all new USDA mortgages: USDA Rural Up-Front Guarantee Fee (One-Time) … Continue reading
USDA RD Loan Refinance-Closing Costs, Interest Rates
Homeowners that currently have a Florida USDA RD mortgage loan can now refinance AND included (roll in) all closing costs and escrow items for taxes and home insurance. This is one of the great enhancements of the new USDA Pilot refi … Continue reading
USDA Rural Development refinance 2012
The new enhanced USDA Rural Development refinance 2012 is here for selected states including Florida! Interest rates are currently at all time lows, any homeowners with rates over 5.5% should defiantly take a look at the benefits. Upside down or “underwater” … Continue reading