Super Contributor
ShanetheMortgageMan
Posts: 8,254
Registered: ‎09-28-2007
Re: Evaluating Conventional vs. FHA

akinsey206 wrote:

Hi Shane,

 

You mentioned that, in October 2011, guaranteed USDA loans will have a .03% monthly fee added to the loan, can you elaborate more on this?  Would it be in my interest then, to make sure and get my loan before then in order to avoid these extra fees?

 

-Anthony


Yes I created a post on it at http://ficoforums.myfico.com/t5/Mortgage-Loans/USDA-GRH-fees-are-changing-Guaranteed-only-not-Direct...