Guaranteed Loan In The Hands Of The USDA Nothing To Do But Wait!

[Dreamnofleavn]

Cookie.. I am also going to be under the gun. Im supposed to close oct 18th and our usda center has been consistently behind 18 days.. so that also puts me at 2 days before closing also..lol. my landlord would also be understanding.. more so than me probably . Everything I have been watchin n reading about the shutdown looks promising thou. I think we will be ok. I just told my boss that I would be taking two days off around mid to late October.. kinda vague but they were understanding after I told them about this whole process! Hang in there cookie.. hopefully this time next month we will be sitting in our houses wondering why we got so stressed over it!

[AFA]

This whole process seems endless, we signed our contract on Oct 2012. Almost a year ago!!! We had our closing scheduled for 9/5/13 when the house would be finished, we had to send a letter requesting an extension to the seller(builder) but as of now, we don't know until when it was granted, the only thing we know is that they haven't sent any notice to cancel the agreement/contract. The seller told the sales representative that they'll wait since the lender has fully approved our file by underwriting, and that it will be most likely approved by USDA. Now we are not sure if the seller will hold the house enough for us another 4 weeks or so knowing that our file was turned over to USDA on 09/02/13 and USDA is currently reviewing files received on 08/12/13 to 08/18/13 !!! I was reading at USDA webpage that lenders submit files electronically by e-mail to USDA. Does the lender get the response from USDA by e-mail as well??

Stay positive and again sending all of you guys lots and lots of BEST WISHES!! ^_^

[cookiebird]

If I was having to go through this process for almost a year I for sure would be in that white padded room by now!!  It has only been about a month for me and I am crazy!

[Boldilocks]

Lemon - do you remeber whern you got your HUD-1 - it wasn't until really close to the time, right??  Closing is at 4pm, still haven;t seen ours...

[Lemontwist4]

My realtor texted it to me a hour and a half before close the closing cost she told us to bring was double what we really needed the lo sent me a text 15 minutes before close with the exact amount

[done_renting]

So has anyone heard for certain yet on what is going to happen to those of us who are still waiting for USDA approval now that the government has went into shutdown?  I have been searching the internet all morning and can not find any reports that agree.  Some say they will stop issuing guarantees, others say that they will still keep working on them.  Honestly this is driving me crazy and the thought of losing the house we want is making me want to sit down and bawl like a baby!

[Rubiita17]

We are in the same situation just going insane without any answers anywhere, ugh very overwhelming. We were supposed to close this week, now we dont know what will happen.

[Lemontwist4]

From what I have see they will not issue new loans however I think they will complete loans already in progress (if your file was sent in and they did not reach your file yet you may be out of luck, if they were working only your file then it will most likely be finished up)

[cookiebird]

I just called the TX hotline and it says they are closed. 

[AFA]

Same here in Central FL, I called USDA and the recording said "For October 1st, I'm sorry but we are not at the office at this time, due to federal government funding. We will update everything once we return back to work. Thank you". Plop!!