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March 15, 2010

**USDA Loan Program** USDA recently announced that its popular loan program will likely run out of funds by April. Unlike in previous years, USDA will NOT issue conditional commitments because officials are not sure when they will receive additional funding. Some lenders are halting all new USDA loans as a result. If you are a buyer who is counting on a USDA loan, please check with your loan officer to see if your loan will be affected.

 

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