Re: USDA Direct Loan Process
09-16-2012 07:34 PM
Part of the delay was waiting on funding but the biggest problem was lack of staffing for the state office (Indiana) there are only 1 or 2 people processing applications for the whole state! We got our certificate sometime in June about 7 months from the start of the process. Then the appraisal came in lower then the seller was asking for the house (a NEW build). Ok with us though, but there was a further delay waiting on the builder to resubmit the new selling price. We finally closed on July 9th this year. Our builder was very nice he let us move in, in January and pay rent till we closed.