New Visitor
Lusion
Posts: 6
Registered: ‎08-10-2011
Re: Evaluating Conventional vs. FHA (VA & USDA)

First post and probably don't have much to add. I recently closed on a property and used the Gauranteed product and it was painless for the most part. USDA was the hold up once it was submitted for approval, I ended up having to call the director for my state for them to finally sign off on it. 

 

One thing people need to consider is that by the end of this year USDA will be adjusting their eligible areas as the census data is processed. So if you're looking to purchase in an area that you know is no longer rural it would be in your best interest to start the buying process now before that area is no longer eligible.