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Has not affected me. Someone I work with was in the process of buying a house but cannot get the loan finalized because the govt agency (dept of agriculture? I think for first time buyers) is unable to process the loan. So they're stuck with an agreement to purchase the house but cannot move forward.
You're probably thinking of FHA (Federal Housing Administration) loans. Personally, I don't like them because you're stuck with mortgage insurance until it's fully paid off, unlike a conventional loan where it falls off at 20% equity.
That makes more sense than Dept of Agriculture