Farm Bill Passed which Means Great News for USDA Loans !!!!
The information below was just passed on to our team by our lock department:
- CURRENT Rural Areas will remain until the year 2020
- The definition of “Rural” has been re-defined as a town of <35,000, it was formerly <25,000, this new definition takes effect on October 1st, 2014
- New areas we look forward to adding to the list of eligible areas on October 1st, 2014: McMinnville, Grants Pass, Walla Walla, Wenatchee