Frost Mortgage Lending Group » U.S. Department of Agriculture loans http://frostmortgage.com Frost Mortgage is an Albuquerque New Mexico home loan and FHA financing net branch leader. Mon, 06 Feb 2012 20:28:38 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Possible extension for rural housing program http://frostmortgage.com/2010/05/03/possible-extension-for-rural-housing-program/ http://frostmortgage.com/2010/05/03/possible-extension-for-rural-housing-program/#comments Tue, 04 May 2010 01:10:09 +0000 frostmortgage http://frostmortgage.com/?p=1114 The Rural Housing Service’s single-family program (subscription required) is almost out of loan guarantee authority, but a bill passed by the House and potentially being taken up by the Senate this week would extend it to Sept. 30, giving it time to become self-funding by raising its fee to 4 percent (it is currently 2 percent). The Agriculture Department-managed program has been extremely popular.

U.S.Department of Agriculture (USDA) loans are one of our specialties, and we’ll be watching these developments closely. Please click today to find a friendly, helpful loan officer in your area.

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