Have Questions? Give us a call: 503-316-8000

USDA Fiscal Year End

By Rock River Financial, LLC

Company NMLS #239278

As the Fiscal year for USDA Rural Home Loans – October 1st of each year – Rural Development will be issuing “conditional” commitments on these 100% financing loans. Lenders can continue to issue the loan packets and close loans as scheduled, but eligible loans are “subject to the availability of commitment authority”. We will continue to work diligently to close all loans we have, with the funding condition notice that these commitments are cleared by the commitment authorities. This is normal and typical as it has been in past years, waiting on congressional commitments to the funding and eligible areas each and every October 1st

Contact Info

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Rock River Financial
388 State Street #445
Salem, OR 97301

Office: (503) 316-8000
Fax: (503) 316-8004

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