Free Report

There are solutions to avoid letting your house fall into foreclosure.

Complete this form to
Download your Report

*First Name:

*Last Name:

 

*Email Address:

Please enter the 5-digit validation code:
 
Click here to continue to Don Helps Homeowners
Privacy Policy

Rural Developement Loans Delayed by USDA - CDPE

After months of lobbying Congress to restore the 502 single family loan guarantee program for rural housing, NAR was pleased when Congress reauthorized this program at the end of July.  However, despite the fact that the legislation has been signed into law, the United States Department of Agriculture (USDA) has indicated that it will still only issue conditional commitments until well into the Fall.  On August 13th, NAR sent a letter to the Secretary of Agriculture, Tom Vilsack, encouraging him to restore the loan guarantees sooner.  There are lenders who are settling on homes under this program, unfortunately, some lenders refuse to honor the conditional commitments now issued by the USDA.

 

For a list of participating lenders, please call our office at 301-870-1717.

*First Name
*Last Name
*E-mail
*Phone
 

Please enter the 5-digit validation code:
*Denotes required fields.
 

Read More Blog Posts

Escape Your Unmanageable Mortgage
3 Qualifications
Learn how agents with the Certified Distressed Property Expert® designation are best suited to help distressed homeowners.
Don DeHanas
DeHanas Real Estate Services
1218 Smallwood Drive
Waldorf, MD 20603
(301) 870-1717 x106
dondehanas.southernmdhomesnow.com