How’s this for some good news…
Both the upfront guarantee fee and annual fee for purchase and refinance using USDA Rural Development’s home loan program will decrease on October 1, 2016.
The upfront guarantee fee will drop from 2.75% to 1%, and the annual fee from 0.5% to 0.35%.
This makes a great program an even better one!
That’s it for today!
I hope you have a great day! Thanks for reading!
Brett