Buying a home on a usda loan with a redemption bond?

[heatherW]

I am going to purchase a home with a USDA loan. The home i have found is bank owned and under a year from day of redemtion. I need a redemption bond. Can i get a redemtion bond on a bank foreclosure if I am purchasing by way of USDA  loan?

[ShanetheMortgageMan]

The title company will probably require a redemption bond to provide coverage when a property is still within it's redemption period.  If the lender and title company are both OK with it, then I don't see USDA themselves having a problem.  When you have found the lender you feel like you want to use, have the loan officer ask about this.