Financing in Provo : Real Estate Advice

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Jeff Larson, Real Estate Pro in Pleasant Grove, UT
Jeff Larson answered:
What is the current wait time with USDA?
Currently we are looking at 8 additional days from the time the loan has been approved through underwriting and it is submitted to USDA. They are getting slightly better at handling th ... more
0 votes Share Flag Fri May 30, 2014 Financing in 84604
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
Has anyone received new updates on the new federal lending laws starting January 1st, 2014?
It's going to be tough for the smaller mortgage shops to stick around due to the cost limits and DTI requirements. We are a Fannie and Freddie Direct lender and here is the communicatio ... more
0 votes Share Flag Sat Jan 11, 2014 Financing in 84604
Marcee Hess, Real Estate Pro in Eagle Mountain, UT
Marcee Hess answered:
Does anyone know how long it is currently taking the USDA to approve home loans?
The USDA is now about 30 business days in underwriting.
0 votes Share Flag Wed Aug 21, 2013 Financing in 84602
Denita Neuen…, Real Estate Pro in Wellington, FL
Denita Neuenhaus answered:
does an fha appraisal stay with the house for 4 months, even if you get a new appraisal.?
Yes, the appraisal stays with the property for SIX months (not 4). If there is a change in the property (improvements) the improvements must be verified by the ORIGINAL appraiser.

I ... more
0 votes Share Flag Fri Oct 16, 2009 Financing in Provo
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