USDA Raises Upfront Guarantee Fee for Refinance Transactions

Cory Kessenich here with Inlanta Mortgage in Madison, WI. Today I'd like to talk to you about the USDA Rural Development guarantee fee changes effective 12/7/2011 on all refinance transactions. This program is for those that already have a rural development loan in place. The USDA Refinance is designed to lower the interest rate on a current USDA mortgage and is only available with 30 year fixed rates. View the full announcement: bit.ly View additional USDA refinance information here: bit.ly View detailed USDA program information here: bit.ly Visit us online at www.madisonmortgageloans.com Cory Kessenich Mortgage Consultant Toll Free 877-240-5810 x205 Local: 608-245-6905 cory.kessenich@madisonmortgageguys.com www.realestatemarbles.com NMLS ID #208789 Inlanta NMLS ID #1016 Inlanta Mortgage is a mortgage banker licensed in Wisconsin, Arizona, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri and North Dakota. We offer Fannie Mae and Freddie Mac HARP loans for refinance transactions. Pre-qualify today! NMLS ID #1016