According to the National Association of REALTORS®, home loans backed by Fannie Mae, Freddie Mac, FHA and VA continue to operate without interruption. However, home loans backed by USDA’s Rural Housing Service (mainly in rural areas throughout the U.S.) have been delayed due to the government shutdown. Many of the Rural Housing Service employees have been furloughed and are not able to review all of the home loan applications.
If your residential real estate transactions have been delayed due to the government shutdown, RealCommissions can help bridge the gap to your next closing with a commission advance.
You can Get a RealQuick Quote or Apply Now today for an advance on your upcoming commission.