USDA FUNDING FEE CHANGES!

By Valley West Mortgage 9 years agoNo Comments
Home  /  Featured Posts  /  USDA FUNDING FEE CHANGES!

USDA

    For Purchase transactions, the up-front guarantee fee will be lowering from 3.50% to 2.00%.
    An Annual fee ( similar to FHA’s annual fee) of 0.30% will be implemented, in addition to the up-front guarantee fee.

These Changes are effective for loans with Conditional Commitments issued on, or after Saturday October 1, 2011.

Feel free to contact us anytime to discuss this topic!

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