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With the IRS remaining closed during the partial government shutdown, mortgage lenders have been unable to verify anyone's tax returns and.
Here is how a government shutdown affects the housing industry and those who are planning on taking out a mortgage loan. As long as the government shutdown is brief, the U.S. Department of Housing and Urban Development does not expect the housing market to be significantly affected.
How Does the Government Shutdown Affect Getting a Mortgage? Local Florida Mortgage Broker The President delivered a short speech from the White House in an attempt to shift the political dynamics of the longest government shutdown in history after.
Getting a mortgage in your 20s allows you to start building equity in a home, provides tax deductions, and can boost your credit score. The mortgage process, however, is long and thorough, requiring pay stubs, bank statements, and proof of assets. Preapproval helps make twentysomethings more.