There’s an old adage He Who Has the Gold Makes the Rules aka ‘ The Other Golden Rule’. Nothing could be further from the truth in this scenario so the best answer here is ‘It depends’.

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So recently a realtor client contacted me to find out just how long they should expect before being able to close a USDA Rural Development Guaranteed Housing Loan because a local bank loan officer had told her that she should …

How long does it take to close a USDA Rural Development Loan? Read more »

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The 2014 Income Limits for the very popular no money down USDA Single Family Guaranteed Loan Program were published on February 12, 2014.  The Guaranteed Underwriting System and the Income Eligibility calculator in the Eligibility website have been updated to …

USDA has updated its Income Limits for Raleigh-Cary 2014! Read more »

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In this Google Hangout we discuss the recent changes to the USDA Rural Development Loan Program

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Some of the biggest talking points coming  out of the $956 Billion 2014 Farm Bill is that Food Stamps were cut by $900M per year, it ends a two decades old  Direct Payments to farmers at a savings of $5B …

Raleigh Area First Time Home Buyers find help in the 2014 Farm Bill Read more »

With all the hoopla and political grand standing coming out of Washington DC, it is nice to see that on occasion those who have been elected to lead can set aside their bickering and at least accomplish some of the …

Congress Approves Funding for USDA Rural Development Loans in Raleigh for FY2014! Read more »

There’s been a lot of rhetoric coming from both sides of the congressional aisles these days; from Democratic and Republican parties and even a few in between. But  recently the media has begun reporting government shutdown fallacies as facts. I’ve stayed out …

FAQ – How Will a Government Shut-down Delay My Mortgage Loan Application? Read more »

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Ricardo Cobos is a Mortgage Loan Officer in Raleigh North Carolina helping people achieve financial security through responsible homeownership using great no money down loans programs like the USDA Guaranteed Rural Development Loans call 877-212-7784 to speak with an experienced loan officer today.

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