What is going to happen to home loans with the current Government shutdown?

We want to be the first to let you know that you should not see any large impacts on home loans. If you are currently in transaction you could see some delays, but they will be minimal at this time for home loans in process.

 

Government sponsored companies Fannie Mae and Freddie Mac will be business as usual. On another note, the USDA program did recently announce it will be holding off on all plans for implementing the 2010 census until further notice from the national office.

 

If the shutdown does continue for a longer period of time, this could cause delays, however this is not the case at this time and we will alert you should this happen.

 

Please reach out to info@absoluteloans.com if you have any questions or concerns.
2016-11-08T19:02:10+00:00 Categories: Announcements|