Home Buying in 79907>Question Details

Az, Home Buyer in Horizon City, TX

I was interested in the usda loan in horizon city, but an agent informed us this program is ending in march, is this true?

Asked by Az, Horizon City, TX Mon Nov 12, 2012

If so, until when can we apply? We need to pay off some debt first before we apply.

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Answers

5
Any usda updates like extending it past 2013
0 votes Thank Flag Link Tue Aug 6, 2013
I had a buyer that wanted to buy a home in Arizona, but he had a Chapter 7 bankruptcy 7 months ago. I introduced a loan program at http://www.cfsflex.com, they allow a mortgage after a foreclosure, short sale, or bankruptcy. There is only a six month waiting period. This is perfect for individuals looking to become homeowners again.
0 votes Thank Flag Link Sat Jul 20, 2013
John Burke is correct. The USDA program isn't ending in March, but after March 27, 2013, certain areas will no longer be eligible for this loan. Horizon City is in that area currently, according to the information we've been given. Even though the city itself will probably be out, areas adjacent to it should still be eligible. I suggest you talk with a licensed mortgage loan officer in your area to see if you qualify for your desired price range how.

Good luck!

Barbara H. Coker
NMLS#228545
Licensed Mortgage Loan Officer
100% Home Loans All Over Texas!
Web Reference: http://www.thecokerteam.com
0 votes Thank Flag Link Tue Nov 13, 2012
AZ --

USDA Loan program will end March 1, 2013. Hopefully, it will get renewed in the Horizon area. Nonetheless, there are also local & state level bond programs available.

First & foremost should be the Pre-approval Process. Let's give you Peace of Mind as to where you stand on pre-qualifying for a home. This is the first and most important step in the Home-buying process.

Contact me at your earliest convenience before you start paying any debt off.

I look forward hearing from you,

Jorge
915-491-5522
Jorge@TheRealEstatePowerHouses.com
0 votes Thank Flag Link Tue Nov 13, 2012
Good Evening,

I've been working with USDA loans for many years and this is the first that I've heard about the program ending. I would recommend that you check with your lender and also check the included link below for any information of programs ending in your area.

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

Feel free to contact me if you need any further information or have questions regarding locating a great lender in your area.

Deb


Debra L. Truelove
Team Truelove Inc., President
CRS, ABR, GREEN, ePRO, REALTOR
253-678-2225 cell
253-565-7939 fax
debratruelove@cbbain.com
http://www.trueloved.net
http://www.debratruelove.com

"Giving Clients TRUE Professionalism & Service They LOVE!"

Coldwell Banker Bain
3560 Bridgeport Way West
Suite 2-C
University Place, WA 98466
0 votes Thank Flag Link Mon Nov 12, 2012
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