The longer the shutdown
drags on, the more it could impact south Georgians trying to buy homes. The U-S-D-A, which handles many mortgages
in rural areas, is not taking on any addition loans right now.
And mortgages making their way through the
Federal Housing Administration could be delayed if the shutdown doesn't end
The president of the Albany Board of Realtors says she hasn't seen any
problems yet and is remaining optimistic.
seems to be fine, there may be short staff on some of them, so it may be a
little longer, they are still doing loans, loans are still ok, go online and
apply for a loan, don't worry about it, because I don't think we will have a
problem," said Diane Barlow, Albany Board of Realtors.
Mortgages backed by Freddie Mac, Fannie
Mae, and the Department of Veterans Affairs should not be affected at all
because their operations are funded by fees paid by lenders, not the