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USDA application update

tag
Anonymous
Not applicable

USDA application update

I have heard back from my person at the Rual development office and she finally gotten our credit reports pulled. Here is what she wrote to me:

 

I have received the credit report back of this date.  Sorry I am unable to process it at this time.  The status of our funding is limited and we are now required to defer applications.  Hopefully we will resume processing in about 30 days. 

I will keep you informed.

 

I'm not really sure if this is bad news or just one of those things to deal with while trying to get a direct loan through them. At least they didn't straight out deny us because of the bankruptcy in 2009.

 

 

Message 1 of 2
1 REPLY 1
woozy
Contributor

Re: USDA application update

OMG...it's JANUARY!  I can't believe they are deferring.

 

They are so slow.

 

If you're eligible, you'll get your loan, but don't pack!

Message 2 of 2
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