How does the government shut down affect my mortgage application?

By: 
Kathleen C. Aiken

If you have an application in for USDA Rural Development, they are currently not accepting submissions. But if you have to obtain IRS transcripts for any loan program, they have to be ordered; however, loan applications will not be held up for closing because the transcript has not been received. FHA and Fed VA are currently operational but run the risk of being shut down.

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