USDA RD Eliminates Interest Rate Cap – Effective October 1, 2019

Written by: David Hail, Staff Writer A refreshing change has just occurred with the USDA loan. If you originate those loans you want to read through this article! Rule Synopsis: USDA has a rule in place that limits the rate cap on mortgage loans. This has been a costly impediment to low- to moderate-income borrowers […]

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