Update: USDA Rural Development Changes


 

By Joseph Small

USDA Map Tucson AZAs I posted a few weeks ago, there are some important changes coming to the USDA Rural Development loan program (see USDA Loan Changes will effect the Tucson | Phoenix Arizona Areas. The major change is that the eligible areas under the USDA home loan program will be updated to use the new 2010 census data, as opposed to the current 2000 census data. These changes were supposed to take effect on October 1, 2013. However with the recent government shutdown, the passage of the Continuing Appropriations Act of 2014 has postponed the implementation date to January 15, 2014.

If you are planning to purchase a home with a USDA home loan, then now would be a good time to see if it is in the current area versus the “future eligible” areas. Click here to see: USDA Eligibility Site And if you want to learn more about the USDA Rural Development loan program, then click here: USDA Home Loans in Arizona

If you have any questions on these upcoming changes, or any other home loan program, then please feel free to give us a call.

520-303-5620 (Tucson) or 480-788-9221 (Phoenix).

USDA Rural Development Loan Program Resource: USDA Home Loan Program


Joseph Small and his Team at Guild Mortgage Co. helps Tucson and Phoenix Homeowners with all their USDA home mortgage loan needs. Give them a call today! Also proudly serving Sierra Vista, Green Valley, Sahuarita and Nogales Arizona.
Give them a call today! Maybe one day you too will say, “Joe’s My Lender!”

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