Why You Can’t Get a Louisville Kentucky FHA, VA, KHC, USDA, Rural Housing and Fannie Mae Home Loan

It appears that today’s government shutdown has had very little impact on most loan programs so far, with the exception of Kentucky Rural Housing Loans for USDA.The USDA website and GUS are currently unavailable. Their underwriters and the call centers are also not available.Therefore, until further notice, USDA loan applications that have not yet received a firm commitment from Rural Development and have yet to receive a clear to close will not be allowed to close.
Until further notice, we will not issue any commitments on USDA applications but will continue to accept USDA applications and will process them as best we can.This situation is very fluid. We will have more guidance as more information becomes available.

As always, we appreciate your business.

Joel Lobb
Senior  Loan Officer

(NMLS#57916)
 
American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223
 Fax:     (502) 327-9119
 
 Company ID #1364 | MB73346

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One thought on “Why You Can’t Get a Louisville Kentucky FHA, VA, KHC, USDA, Rural Housing and Fannie Mae Home Loan

  1. As you likely know, the federal government shut down as of midnight eastern time. If you haven’t been to the USDA’s website yet, take a gander and I’ll be right here waiting for your return.

    What services are available from the USDA? This chart, if you search for the USDA, outlines what is and is not open. Of interest to this audience, meat and poultry inspections continue, as does grain inspections, and the loans backed by the Rural Development Division will be monitored. The Farm Service Agency is shutdown and in operation only for emergency and natural disaster response. The National Resources Conservation Service is shutdown with the exception of protection of life and property. The Risk Management Agency is shutdown and no employees will be at their offices. Market analysis, forecasts, and analysis will not be provided because the Agricultural Statistical Service and Economic Research Service will be closed.

    Please keep in mind that the above concerns the government shutdown and as more information becomes available, this post will be updated. This post does not address the Farm Bill Continuing Resolution which also expires today. More than the Farm Bill situation Thursday.

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