Conventional Fannie Mae and Freddie Mac loans will still be available, but if the new budget plan is not passed Government lending will come to a halt including FHA and VA lending.
Here is a link to more information.
http://www.inman.com/news/2011/04/7/budget-impasse-threatens-fha-lending?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+inmannews+%28Inman+News+-+Headlines%29&utm_content
Ron Meyer is a Wisconsin licensed Sr. Loan Originator NMLS #222688 with GSF Mortgage Corporation NMLS #1018 located at 300 Patriot Dr. Little Chute, WI 54140 We specialize in financing purchases and refinancing home loan mortgages for all of Wisconsin. As a local lender we pride ourselves on offering quality service before and after your closing. Our underwriting is all done in house, allowing us to have quicker than normal processing time of your loan.
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