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Brad Lynch
Your Mortgage Guy For Life
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Flower Mound TX Home Exterior

USDA Removes Most of Little Elm in New Eligibility Map

April 18, 2011 by Brad Lynch

Many Realtors, Builders, and Buyers in Little Elm TX have been anxiously waiting the results of the new map lines.  Rumors said that USDA officials would remove Little Elm from the USDA eligible area. It’s official and was implemented on April 14th 2011.  You can check an address to see if a property is in the USDA eligible area.  The Little Elm USDA map indeed proves roomers were correct.  The majority of Little Elm has been pushed out of the eligible area on the map for USDA.

On March 20th of 2011, we video blogged at Frisco Mortgage about the expected changes to USDA maps for Little Elm.

After talking to head of “state” at USDA, as long as you have a contract that was executed before the April 14th mark, and your property was within the old eligible map lines before the chance, you will be able to close your loan still with USDA.

In case you are behind a little on the details of all the changes that USDA has gone through in the last year or two, you can search my local Frisco and Collin County Mortgage website with the terms “USDA” in the top right corner and scroll through all the USDA posts that I’ve written.

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Category: Mortgage LoansTag: Frisco Mortgage, Little Elm Mortgage, Little Elm USDA, USDA Banker, USDA Broker, USDA home loan, USDA Lenders, USDA TX

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About Brad Lynch

Brad Lynch of Flower Mound, TX has been helping families in the DFW and surrounding areas since 2002. Over 95% of his business during that time has been by referral.

Specialties include, FHA and Conventional Purchase and refinance mortgage, and owelty refinances during or after a divorce.

Connect With Brad

Hello there! I’m Brad. If you have any questions as you read through this website you can reach me at 469-450-2723. Or, Pre-Qualify Now For Purchase Or Refinance.

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Texas Recovery Fund Notice

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT HTTP://WWW.SML.TEXAS.GOV.

Brad Lynch, RMLO (NMLS #206799) is the owner representative of Your Mortgage Guy For Life LLC (NMLS #2739114). Your Mortgage Guy For Life LLC is an Equal Opportunity Lender. NMLS Consumer Access https://www.nmlsconsumeraccess.org/ 

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