So the following e-mail is relevant for people attempting to buy a home:
"Hi all,
Just wanted to touch base in
regards to the possible Government shutdown and how it could affect the
different loan products that are in process.
FHA
Origination and closing of
mortgage loans will not be effected.
VA
·
There appears to be no impact on VA loans.
GNMA, FNMA, FHLMC
·
No significant impact on these transactions.
USDA
·
USDA will cease all operations regarding
insuring new loans. No new Conditional Commitments will be issued.
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