i heard the money ran out for the rural development loan. when is the money supposed to be back in effect.?

Jacob
Home Buyer
Houma, LA

Answers (4)

LOL,

USDA Rural development is a national program, no problem anywhere

Wed Jun 10 2009, 21:11
Sandria Beauty
Agent
Houma, LA

Rural Development loans are still available in Terrebonne Parish.

Call me Sandria Beauty @ 985-804-7545 or 985-879-1916

Wed Jun 10 2009, 17:43
Diane Korte-Lin...
Agent
62249

The area in IL where I work utilizes the Rural Development program on a lot of home laons. According to the lenders I work with the money is readily available. It is my understanding that it is a national program, so it should be available in your area as well. There are different programs available from Rural Development though. Is this a subsidized interest program, direct from Rural Housing or is there a participating lender? It could make a difference. Contact your local lender for a pre-approval to make sure.

Tue Mar 24 2009, 19:12
FIRST ANSWER

Not true,

Contact your local mortgage company

Tue Mar 24 2009, 18:41

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