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	<title>USDA Home Loan Approval</title>
	<link>http://www.usdahomeloanapproval.com</link>
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	<lastBuildDate>Wed, 18 Jan 2012 23:45:58 +0000</lastBuildDate>
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	<item>
		<title>2012 Income Limits Published</title>
		<description><![CDATA[The 2012 Income Limits for the Single Family Guaranteed Loan Program were published today with an effect date of today, January 18, 2012.  The Guaranteed Underwriting System and the Income Eligibility calculator in the Eligibility website (http://eligibility.sc.egov.usda.gov) have been updated to use the new income limits.  However, due to technical issues, the PDF version of [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/2012-income-limits-published/</link>
			</item>
	<item>
		<title>2011 USDA and FHA loans compared</title>
		<description><![CDATA[Have you heard that USDA has now added an &#8220;annual guarantee fee&#8221; that is similar to FHA monthly mortgage insurance?   While this does increase the monthly payment slightly, the monthly payments for USDA loans are still much lower than an FHA loan.  And this is with ZERO down payment while FHA still requires 3.50% down payment.  See the comparison [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/2011-usda-and-fha-loans-compared/</link>
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		<title>2011 FHA Mortgage Insurance Premiums are now even higher!</title>
		<description><![CDATA[Effective April 18, 2011, FHA mortgage insurance premiums were increased again. The borrower putting the minimum 3.5% down on an FHA loan will now pay $92.48/mo in Mortgage Insurance. This is in addition to the 1% up-front Mortgage Insurance Premium that is financed into their loan.
The USDA does not require mortgage insurance or PMI on [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/2011-fha-mortgage-insurance-premiums-are-now-even-higher/</link>
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		<title>Approvals for credit scores down to 600</title>
		<description><![CDATA[USDAHomeLoanApproval.com is happy to announce an addition to our lender network that will allow USDA, FHA and VA loans down to 600 credit scores.  Some additional requirements may apply for certain credit situations.  Never assume you don&#8217;t qualify without first talking to a loan officer.   Submit a quick inquiry form that takes &#60; 30 seconds [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/usdahomeloanapproval-offers-approvals-for-scores-down-to-600/</link>
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		<title>New FHA mortgage insurance requirements make USDA Home Loans even more beneficial!</title>
		<description><![CDATA[Effective October 4th, 2010 FHA is increasing the monthly mortgage insurance payments and while they are also reducing the up-front mortgage insurance, the result is still higher payments for homeowners.
With the new changes to the Guaranteed Rural Development Loan program the up front funding fee has increased to 3.5%.  Even with this change, the monthly payment [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/new-fha-mortgage-insurance-requirements-make-usda-home-loans-even-more-beneficial/</link>
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		<title>Effective July 29th, 2010 &#8211; Locking rates for all 50 states!</title>
		<description><![CDATA[Effective immediately lenders in our network are able to lock in rates and proceed with applications for USDA Home Loans in all 50 states.
]]></description>
		<link>http://www.usdahomeloanapproval.com/effective-july-29th-2010-locking-rates-for-all-50-states/</link>
			</item>
	<item>
		<title>Why have some lenders are not funding USDA Home Loans.</title>
		<description><![CDATA[Explanation on why some lenders are not closing your USDA Home Loan.]]></description>
		<link>http://www.usdahomeloanapproval.com/why-have-some-lenders-are-not-funding-usda-home-loans/</link>
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		<title>Lenders offering USDA Home Loans are back to funding loans!</title>
		<description><![CDATA[On Wednesday, May 26th 2010 the USDA Rural Development office issued a notice that they will now be issuing conditional commitments up to $2.5 billion in loan guarantees.   The funding fee is being increased to 3.5%, this will allow the loan program to be self-funded and will ensure the future of the Guaranteed Rural Development [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/lenders-offering-usda-home-loans-are-back-to-funding-loans/</link>
			</item>
	<item>
		<title>Update on funding for USDA Home Loans</title>
		<description><![CDATA[The Senate is slated to begin debate on an emergency appropriations bill Monday afternoon that includes a provision to get the Guaranteed Rural Development program up and running again. The measure would allow USDA to increase its current 2% upfront premium to 3.5% and make the single-family program self-funding. It would free USDA from the [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/update-on-funding-for-usda-home-loans/</link>
			</item>
	<item>
		<title>USDA funding may not run out after all!</title>
		<description><![CDATA[


KANJORSKI BILL  PRESERVING AFFORDABLE MORTGAGES IN AMERICA’S HEARTLAND PASSES IN  COMMITTEE



Without  Congressional Action, USDA 502 Rural Housing Program Will Run Out of  Funding Within Days



Washington, DC &#8211; Today,  the House Financial Services Committee unanimously passed H.R. 5017, the  Rural Housing Preservation and Stabilization Act of 2010, introduced by  [...]]]></description>
		<link>http://www.usdahomeloanapproval.com/usda-funding-may-not-run-out-after-all/</link>
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