USDA Reduces Fees

Posted by admin on August 24, 2016

August 24, 2016

USDA Upfront & annual premium being reduced

For Conditional Commitments issued by USDA on or after October 1, 2016, The upfront premium will be reduced to 1.0% (currently at 2.75%!) The annual (monthly) fee will be reduced to .35% (currently at .50%!)

 

equal-housing-lender-logo-vector.pngData Mortgage dba Essex Mortgage is an equal housing lender. The corporate office is located at 2200 W. Orangewood, Suite 150 Orange, CA 92868 California Department of Real Estate License No. 00936013 . California Department of Corporations #603-G833 NMLS License 70377 Data Mortgage Inc. Member FDIC