USDA guaranteed loans essentially are underwritten twice.. Once by the USDA and again by the lender.. USDA is swamped, and adding in the holidays will prolong things even longer.. Ask the buyer to allow you to contact their lender and call them directly to get an update.. There are just so many things that can pop up that can delay closing, so it might not be a USDA issue.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
USDA is Currently reviewing loans that were received in their office on December 3. That said it may take 3 weeks due to the HolidaysIf you have any questions about USDA Loans you can you can visit my site at USDALOANS411.COM
USDA guaranteed loans essentially are underwritten twice.. Once by the USDA and again by the lender.. USDA is swamped, and adding in the holidays will prolong things even longer.. Ask the buyer to allow you to contact their lender and call them directly to get an update.. There are just so many things that can pop up that can delay closing, so it might not be a USDA issue.. Give me a direct ring at 800 813 3291 - Andrew Alfonso
I don't do loans there, so I don't know... But I'll bet your lender does. Give them a call and I'm sure they can tell you. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950
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