Davenport Iowa Real Estate

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News Flash!!! - USDA authorized to start issuing conditional loan commitments!

Yes, Virginia, there is a Santa Claus!!!

(And that goes for all the other states, like Iowa and Illinois, as well!)

USDA has been authorized by Congress to start issuing conditional commitments. 

That means that funds still have not been re-allocated by Congress but they are allowing the USDA

 to continue underwriting rather than keeping existing files on hold.

How does this impact you, you ask?

Well, this is how it works. 

If you have been waiting for Congress to re-allocate funds to the USDA

 so you can get your USDA loan, you need wait no longer!

I have a lender who is ready and willing to step up to the plate to fill that void!

If we get the USDA to issue a conditional commitment for you

(based on your qualifications and the location of the property),

 my lender will fund and close the loan and wait for the USDA

 to reimburse them when funds ARE allocated!

HOW COOL IS THAT!?!

That means 100% Financing is back for select parts of the Quad Cities!!!

For more info, please call: 

LUCKY LANG, QUAD-CITIES FAVORITE REALTOR®

 Lucky Lang Davenport Iowa Real Estate for Sale

Lucky Lang, SRES®, RFC

Licensed in Iowa & Illinois

Mel Foster Co., Inc., 3211 E. 35th Street Ct., Davenport, IA 52807-2585

Cell: (563) 676-9031

Toll Free: (800) LISTING (547-8464)

LuckyLang.com

Don't let this great Real Estate buying opportunity pass you by!!!

For info about Real Estate Anywhere in the World, please call:

LUCKY LANG, VOTED FAVORITE REALTOR®

Lucky Lang Davenport Iowa Real Estate for Sale

Lucky Lang, SRES®, RFC, M.I.S.

Licensed in Florida & Iowa

Keller Williams Realty, 830 Bald Eagle Drive, Marco Island, FL 34145

Cell: (563) 676-9031

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Don't let this great Real Estate buying opportunity pass you by!!!

Comment balloon 4 commentsLucky Lang • May 30 2010 06:44AM

Comments

Hi Lucky,

 

Thanks for your post in regard to USDA conditional Loan Commitments.

Posted by Patrick White, Driven to bring New Yorkers home (Home Driven Realty, Inc) over 8 years ago

Lucky...thanks, I have a file that was suppose to close last Friday and actually wrote a post on this last week asking for any assistance or answers anyone may have.  We have final approval already but no money to close...

Posted by Denise J. Storm, Broker Associate - Durango Colorado Mountain Homes (Re/Max Pinnacle) over 8 years ago

Patrick,

It was my pleasure!

Lucky :)

Posted by Lucky Lang, Marco Island & Naples Florida Real Estate (Keller Williams Realty Marco Island) over 8 years ago

Denise,

Check with your local lenders.  If they won't fund, let me know and I'll give you the name of our local lender who is doing this.

Good Luck!

Lucky :)

Posted by Lucky Lang, Marco Island & Naples Florida Real Estate (Keller Williams Realty Marco Island) over 8 years ago

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