New Member
Posts: 7
Registered: ‎09-27-2012
Re: USDA Direct Loan funding
[ Edited ]

Yes ruttster it is a long process...I sent my first app in March 6 of 2012.

                                                            May of 2012  sent in all my paperwork.

                                                           July 2012 got my funding commitment

                                                           August 2012 made offer on home.

                                                           October 2012 got second funding commitment

                                                           November 2012 Closed on home.


In my case the USDA ran out of funds. The goverment fiscal year starts in Oct. Ending in Sept. I'm just thankful the sellers were willing to wait.