Kentucky Rural Development Has Funds Available for Rural Housing Loans in Kentucky for 2015


Funds for purchase and refinance loan commitment authority for the guaranteed loan program in Kentucky have been allocated to Kentucky. Please obligate conditional commitments issued “subject to” funding through these steps before processing any new applications.

Fiscal Year 2015 Funds Now Available!

Funding for Rural Development’s Single Family Housing Guaranteed Loan program is now available for fiscal year (FY) 2015.  The funding received is based on a Continuing Appropriations Resolution, 2015 (P.L. 113-164, H.J. RES.124).

Loans that were issued Conditional Commitments “subject to” commitment authority will be obligated on the Agency’s Guaranteed Loan System (GLS).

If the loan has closed, the lender may submit their request for Loan Note Guarantee, together with their closing package.  Ensure the lender certification on Form RD 1980-18 “Conditional Commitment for Single Family Housing Loan Guarantee” is dated on or after the obligation date provided by Rural Development.

1187217_10151677140367865_292223410_n

HUD Homes in KY 2013

I have over 15 years originating Kentucky Rural Development Guarantee Loans. Put my experience to work for you. Free Pre-Approvals, usually same day on Kentucky Rural Housing Loans. I have direct access to GUS, (Guarantee Underwriting System) for fast pre-approvals. Call or email me today Joel Lobb Senior Loan Officer (NMLS#57916) A(502) 905-3708 Fax: (502) 327-9119 kentuckyloan@gmail.com Company ID #1364 | MB73346 http://mylouisvillekentuckymortgage.com/

Advertisements

One thought on “Kentucky Rural Development Has Funds Available for Rural Housing Loans in Kentucky for 2015

  1. Pingback: Kentucky Rural Development Has Funds Available for Rural Housing Loans in Kentucky for 2015 | Kentucky USDA Rural Housing Mortgage Loans

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s