More than 900 communities that were at risk for losing access to federal rural housing programs are now protected through 2020. (nar.realtor)
This free mortgage training video discusses the general requirements on guaranteed rural housing program, credit qualification, credit requirements, guaranteed underwrting system and more. (mortgageprocessor.org)
As part of the Farm Bill (S. 3240), the Senate passed an amendment by Senators Nelson (D - NE) and Johanns (R - NE) that will grandfather communities currently eligible for rural housing programs, and increase the population threshold for those communities to 35,000. (nar.realtor)