Government Shutdown and Loans
We are scheduled to close on a house at the end of October. We are going with a USDA loan, and we have cleared underwriting with a few conditions (missing documents). We've gotten all of the documents in, and I think we're good to go now. My question is, what kind of impact could a government shutdown have on us at this stage? I've read their shutdown procedures, and I see the section saying that no new loans would be issued, but where is the line drawn? I'm hoping that we will be ok since we've already cleared underwriting...
Last edited by bu11DawgNC; 09-23-2013 at 12:35 PM..