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Will the Government Shutdown Impact FHA and VA Mortgages in Phoenix Arizona?
By Jermaine Miller – Realtor | Gilbert, AZ
Posted on AZFruitfulHomes.com
When the federal government shuts down, many homebuyers in Phoenix wonder if their mortgage applications will stall. Here’s what you need to know about how FHA, VA, and USDA loans are affected in the Southeast Valley.
🏠 FHA Loans in Phoenix
The FHA is still endorsing loans, but staffing is limited. This means slower case number assignments and condo approvals. If you’re using FHA financing in Gilbert or Chandler, expect possible delays at underwriting.
🎖️ VA Loans Across the Valley
VA loans continue to be guaranteed during a shutdown. However, with fewer VA staff, processing takes longer. Buyers in Mesa and Queen Creek using VA financing may see extended timelines, but loans are not suspended.
🌾 USDA Loans on Hold
Unlike FHA and VA, USDA loans typically stop entirely during a shutdown. This pause can impact buyers in rural Maricopa or Pinal County communities who depend on USDA’s no-money-down option.
📑 IRS and SSA Verifications
Lenders often require tax transcripts (IRS Form 4506-C) and Social Security checks. During a shutdown, these verifications are delayed, which can slow FHA, VA, and even conventional loans.
⏳ What Phoenix Buyers Should Expect
If your loan is already in underwriting, you may still close on time. But if you’re starting the process, build in extra time. Local lenders and agents will help navigate these challenges and keep your purchase moving.
🔗 Ready to run the numbers or schedule a strategy call?