11-22-2011 07:20 PM
In Greenville, SC our local USDA does have funds. I have a friend I have referred to that agency and the area specialist told me they have plenty of funding... I applied for my own direct loan earlier this year and closed on my house using this program on 8/26. Don't give up wherever you are in the process. These loans can and DO get closed.
11-23-2011 08:13 AM
I've read all your responses from the last day and I appreciate every one Macbookguy! I hope you're really enjoying your new home. Your posts have been so wonderful!
12-01-2011 10:07 AM
12-10-2011 10:52 PM
My original estimated closing date was 9/22/11. After the appraisal and inspections were okay the USDA office ordered the title work and suggested a closing date of 8/24. The seller and I agreed on 8/26 and I closed without any problem on that day.
I too did not give my notice until my funding had been secured, so I paid two months of rent because I had to give a 60 day notice where I lived. I started packing the minute I had the certificate of eligibility.
12-16-2011 11:32 PM
06-02-2012 12:31 PM
Hi! Just found this site & am so greatful for all the info! We have just had our credit run by USDA office in Spruce Pine, NC & were told our credit looks great & they are starting the qualification process. (We are living in Henderson County & looking to stay there.) Here's the problem (isn't there always one?)...we had a Deed-in-Lieu of Foreclosure that concluded exactly 1 year ago, guidelines are 36 months. Any thoughts on this whole waiver thing? Our scores are around 700 & everything else on our credit is excellent. How long before we might here something? The anxiety can get overwhelming! Thanks...Lois
BTW, Macbookguy, all your posts have been wonderful & I'm very happy for you as you're enjoying your new home!
07-25-2012 05:16 PM
I am trying to find out if anyone knows anything about current funding. We are ready to close as soon as we are funded but told the funds are "ify" right now, waiting to see if we get funded. If we don't get funded right now does anyone know when funds might be available? Thanks!
08-10-2012 09:01 AM
Is there anybody out there who is waiting for funding for a USDA Direct loan or has experience this year with it???? We are 19th in line nationally to be funded so we can close, it's been 3 weeks now since funds were requested. Can anyone shed some light on this?
08-10-2012 08:23 PM
Did you ever get your funding & how long did it take? That's where we are right now only they say funds are low. We were told a few days ago that we are #19 on the pending list nationally. It's a bit nerve racking!
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.