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The New Rural Housing (USDA) Guidelines – the Fall 2011 edition

Dan Green at The Mortgage Reports wrote a post this morning that talks about the new USDA guidelines for 100% mortgage loans, and I want to repost it here, because (a) I have two USDA loans going with...

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USDA Loans Are Changing Oct 1 2011

The loans, they are a’ changing. When I wrote that 100% USDA loans were available in parts of the New River Valley, I failed to mention that everything was changing.  Well, not everything, but several...

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Are USDA 100% Mortgage Loans Going Away In The New River Valley?

Loans for 100% financing in the New River Valley just might be going away. For a long time, Christiansburg and Radford were both eligible areas for the USDA 100% financing option, but that just might...

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A Government Shutdown and Your FHA, VA, or USDA Mortgage Loan

updated: seems there’s been a reversal on FHA mortgages, as first mentioned by Marianne Washington of Wells Fargo Home Mortgage. Certainly you’ve heard about this whole idea of a government shutdown....

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100% Financing IS Available in Blacksburg

For the longest time I’ve been under the impression that 100% loans have not been available within Blacksburg and Montgomery County; those programs just haven’t been available. Then earlier this week,...

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