Reliant Mortgage Company

The Norman Rosskothen Team

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Home Mortgage & Real Estate News Loan Delays on Potential Federal Government Shutdown

Loan Delays on Potential Federal Government Shutdown

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The potential Federal Government Shutdown will delay the mortgage processing and closings.

A shutdown would delay the processing of FHA, USDA, and VA loans, as well as holdup tax transcript verifications and the issuance of flood insurance.

HUD owned properties would most likely not close.

Last Updated on Friday, April 08 2011  

Newsflash

Americans favor walkable, mixed-use neighborhoods, with 56 percent preferring smart growth neighborhoods over neighborhoods that require more driving between home, work and recreation, according to a recent survey by the National Association of Realtors (NAR).