RD Loan Commitments and Purchases Continue
We negotiated with U.S. Bank Home Mortgage MRBP/HFA the ability to continue to purchase RD loans with Conditional Commitments “subject to funds availability” and we continue to accept RD loan commitments.
This notice updates U.S. Bank Home Mortgage MRBP/HFA’s Bulletin on this topic from October 1, 2014.
This policy is subject to change if the U.S. Department of Agriculture’s funding authority delay extends beyond expected timelines. We are committed to communicating any change to this policy in a timely manner.