FY 2017 USDA Rural Housing Up-Front and Annual Fee

USDA Rural Housing Annual Fee

Effective on October 1, 2016, the start of Fiscal Year (FY) 2017, Rural Development will revise the Up-Front Fee and Annual Fee structure as follows:

Up-Front Guarantee fee
FY 2016
Effective
10/01/2016
FY 2017
Effective
10/01/2016
Purchase Transactions 2.75% 1%
Refinance Transactions 2.75% 1%
Annual Fee
FY 2016
Effective
10/01/2015
FY 2017
Effective
10/01/2016
Purchase Transactions .50% .35%
Refinance Transactions .50% .35%

The FY 2017 fee structure is applicable to all Conditional Commitments (Form RD 1980-18, “Conditional Commitment for Single Family Housing Loan Guarantee”) issued by Rural Development on or after October 1, 2016. Conditional Commitments issued by Rural Development prior to this date are not subject to the new fee structure.

USDA Rural Housing program information

Important Disclosure

For all USDA mortgage loans, property and income restrictions apply.

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