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re: USDA Rural Development Loan Question

Posted on 3/7/14 at 5:35 pm to
Posted by Finkle is Einhorn
Member since Sep 2011
4251 posts
Posted on 3/7/14 at 5:35 pm to
I heard I may be subject to something known as a subsidy recapture?

Not sure what that is
Posted by GFunk
Denham Springs
Member since Feb 2011
14967 posts
Posted on 3/7/14 at 9:55 pm to
No issue with it. If you got a subsidy or forgivable down payment type deal, those sometimes are based on living in the home for a certain number of years. Otherwise you should be fine...
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