ARCHIVED BLOG POSTS
2011
USDA UPDATES USDA has advise in an unofficial memo, that effective 10/1/2011, USDA will not issue “subject to conditional commitments” as they normally do every year. They have funds that will last through the end of the month, so all loans with conditional commitments by 9/30/2011 will be ok, ...
09/30/2011
1
Comments
Some good news... VA will be reducing the funding fees for Veterans. Changes to VA Funding Fee Subsequent Use of Entitlement for all: · Loans closed from 10/01/2011 – 09/30/2012 = 2.8% · Loans closed from 10/01/2012 – 09/30/2013 = 2.15% · Loans closed on and a...
09/12/2011
Rainmaker
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108,387
Doug Capps
CLO, CRMS, MMS