USDA Update: Although USDA Rural field offices in Arizona (and the rest of the country) are running very low on Guaranteed funds at the moment, this 100% program is not in danger of disappearing.
SUNSTREET Mortgage LLC will continue to approve and close USDA loans subject to receipt of funding from Congress.
We expect that Congress will authorize a 3.5% Guarantee Fee for new purchase loans, and a 2.25% Guarantee Fee for new refinance loans.
I'm Mike in Tucson, your preferred Tucson Mortgage Lender.
SUNSTREET MORTGAGE llc ~ Mortgage Bankers, Not Brokers!
Offices in Scottsdale, Tucson, and Nogales, AZ, and Albuquerque, NM.
Reach me any time on my Blackberry (520) 349-9090