However, the bank I work for sent out an announcement today that we can still take applications for, lock interest rates for, underwrite, and fund USDA home loans!
Basically, this means that the funding shortage is temporary, and that my bank will hold the loan until funds become available again.
USDA – keep the hope alive!
So, if you are hearing that there is no money for USDA home loans, rest assured that this is temporary. My bank is a prudent lender, and they wouldn’t continue funding USDA loans unless the shortage was a short-term issue.
If you have questions about USDA home loans in Oregon and Washington, don’t hesitate to ask me via any of the following methods:
- 503.799.4112
- Google+
- jason@mypmb.us
- Quick contact form
And of course, if you are in the area surrounding Portland, OR and Vancouver, WA well then:
Also, make sure to subscribe to updates!
