are va loans affected by government shutdown?
519328
Because of the shutdown, VA and FHA spokespeople weren't available to provide an estimate of how many borrowers could have their loans delayed. But the most-recent data suggest delays could potentially affect thousands of borrowers. ... As private companies, Fannie and Freddie aren't directly affected by the shutdown.
195820
“If the shutdown lasts and our commitment authority runs out, we do expect that potential homeowners will be impacted, as well as home sellers and the entire housing market.” One government lender that will indeed suspend its home loan activity, however, is the Department of Agriculture.
1106361
Is the Department of Veterans Affairs Affected By The Government Shutdown? The VA Contingency Plan for the shutdown states that nearly all of it's employees-approximately 96 percent-are ordered to report to work as usual. ... Find out more about VA resources for furloughed veterans and their families.
100108
When the government shuts down, it's because Congress has not appropriated funds from the budget to operate for the next fiscal period. Fortunately, payments such as SSDI benefits and VA benefits do not come from annual appropriations.
1221595
Any government shutdown may have a significant effect on the operations of your credit union, especially for credit unions primarily serving federal employees. You should therefore prepare to respond to members' questions and their financial needs in the event of a closure of the federal government.
520567
Employees impacted by the shutdown aren't making contributions toward their retirement because they're not getting paid. The shutdown won't have an impact on an employee's retirement-creditable service or high-3 average pay unless the lapse lasts for more than six months, according to OPM.
765167
Salaries for 1.3 million services members of the Army, Navy, Air Force and Marine Corps could be affected by a government shutdown. ... Although not affected during a government shutdown many financial institutions that support current and former servicemembers will offer advanced pay or assistance.
717827
The good news is that the shutdown has not currently affected your eligibility to qualify for any new federal financial aid. This would include any Federal Pell Grant, FSEOG, or Direct student loans. ... So yes, your student loan payments are still due.
374943
Veterans want to know whether their disability checks and GI bill benefits will be paid in November and thereafter. ... For example, the original field guide that VA put out regarding the shutdown impact at first spoke of no effect, no effect on payments to veterans, or processing of their benefits.
90394
Compensation and Pension: VA continues to pay disability compensation and pension benefits to 5.5 million disabled Veterans, dependents and survivors. ... VA can still guaranty loans if a Veteran borrower has been furloughed or otherwise negatively impacted by the partial shutdown.
59852
“The ongoing government shutdown does not have a direct effect on federally subsidized higher education loans and grants, and students will still be able to apply for grants and fill out their FAFSA,” Beatty said. Although students are still able to apply for FAFSA, many have experienced delays.
774512
Regardless, the government shutdown will have a negative impact on the real estate market. Even if you aren't applying for a government loan, your application could directly be impacted. ... Lenders that underwrite these loans would be on the hook for the entire loan amount and unable to sell in the secondary market.
254644
Retirees' checks. A government shutdown won't affect payments for retirees or those receiving annuities, like surviving spouses who are paid under the Survivor Benefit Plan, said Steve Burghardt, a spokesman for the Defense Finance and Accounting Service. Those funds come from a military retirement trust fund, he said.
139121
Local developers can't lock down financing on new affordable housing developments. The shutdown also means some FHA loans and HUD grants may not be processed right now, and that some federal housing assistance contracts up for expiration are not being renewed until the shutdown ends.
497029
“Thanks to the leadership of President Trump and Congress, VA is fully funded for fiscal year 2019, and in the event of a partial government shutdown, all VA operations will continue unimpeded.
738498
It simply isn't the case as VA loans have a similar underwriting process as any other loan product. Typically, you can close a VA loan in 40 – 50 days, just like any other loan on the market.
1320400
USCIS and the NVC are funded by applicant fees and therefore should not be significantly impacted by the government shutdown. ... Also, note that the e-verify program is affected by a lack of funds and so e-verify services will be suspended during the shutdown.