We are getting tons of questions about the government shutdown and how it will impact loans currently in process. Allen Tate Mortgage (thanks Tina Shields!) is giving us current info as it comes in. For now, if your loan is FHA, VA, or conventional, you should be processed as planned. The big upset is with a USDA loan -- USDA is a big part of the shutdown, and those WILL NOT CLOSE until everyone is back in session. So, for now, USDA borrowers have a closing date that is "unknown". Yuck, but so it goes with big government...
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