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Will Gov shut down affect...

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
Regular Contributor

Will Gov shut down affect...

Either a refinance or assumption of an FHA loan?
Message 1 of 4
3 REPLIES 3
Established Contributor

Re: Will Gov shut down affect...

Maybe. Depends on the details of the loan, where it is in the process, and how long the shutdown lasts.

 

See here for info: https://www.hud.gov/sites/dfiles/Main/documents/GENERALFAQS.pdf

 

EQ8:847 TU8:845 EX8:847
EQ9:850 TU9:850 EX9:850
EQ5:803 TU4:781 EX2:812 - 2019-07-06
Message 2 of 4
Valued Contributor

Re: Will Gov shut down affect...


@1984 wrote:
Either a refinance or assumption of an FHA loan?

Hi 1984,

The only reason the shutdown would affect an FHA refinance is if the lender needs to pull transcripts from the IRS.

VA Mortgage Expert. Mortgage Banker lending in All 50 States.
VA, FHA, USDA. Jumbo, Conventional.
CAIVRS Expert.
Message 3 of 4
Regular Contributor

Re: Will Gov shut down affect...

Thank you
Message 4 of 4