We receive many questions about the USDA maximum loan amount limit for 2023. Generally, all loan programs have loan amount limits - FHA mortgages, VA loans, Conventional Fannie Mae, Freddie Mac. In … [Read more...] about USDA Maximum Loan Amount Limit
USDA Homebuyer Q&A
Typical USDA Loan Closing Costs
Many buyers ask what they should expect in regard to USDA Rural Housing closing costs, who pays what portion? etc. It’s important to remember each state can be different in regard to … [Read more...] about Typical USDA Loan Closing Costs
USDA Loan Final Approval – Closing Time
Below we will discuss the closing time frame for USDA Rural Housing loans in 2023. How long each step takes and what should home buyers expect during the process.Keep in mind the timeframes listed … [Read more...] about USDA Loan Final Approval – Closing Time
How To Find List Of USDA Approved Homes
One of the common questions we receive from many USDA home buyers is “how do I find a list of USDA rural eligible houses for sale?” It’s actually pretty easy! USDA doesn't have a magic “list” as the … [Read more...] about How To Find List Of USDA Approved Homes
USDA Closing Review Turn Times
We receive many questions from USDA home buyers wanting to know how long the USDA closing process takes? As of 2023, Florida USDA loans are currently taking about 30-40 days to close from … [Read more...] about USDA Closing Review Turn Times
USDA Loan Rural Refinance- Homeowner Q&A
USDA Loan Rural Refinance- Homeowner Q&A: Below we have listed some of the commonly asked questions for the new USDA Loan Rural Refinance available in all 50 states. Do you have a question? … [Read more...] about USDA Loan Rural Refinance- Homeowner Q&A
2023 USDA Closing Turn Times
Great news, 2023 USDA closing turn-times are currently running 1-7 business days for most states. This is a big improvement over the past where USDA Rural Housing times could take 2 weeks + in more … [Read more...] about 2023 USDA Closing Turn Times
Frequently asked USDA RURAL Housing Loan questions
Each day we receive many questions regarding the USDA Rural Development mortgage. Below we have outlined some of the most frequently asked USDA rural housing loan questions for 2023.Have … [Read more...] about Frequently asked USDA RURAL Housing Loan questions
USDA Guarantee Fee Reduction October 2016
Great news today from USDA Rural Housing in regards to the one-time upfront guarantee fee, and the annual (monthly PMI) fee. These USDA loan fees are going to reduced across the board starting … [Read more...] about USDA Guarantee Fee Reduction October 2016
USDA SFHGLP Refinance
Florida USDA interest rates are still low and many homeowners have yet to take advantage of the USDA SFHGLP Pilot refinance program. The application process for the USDA Rural Housing refi is simple … [Read more...] about USDA SFHGLP Refinance