USDA Financing, whats the story?

[Ryan Fatula]

Had an agent call me today to tell me she will be submitting an offer with USDA financing on one of our rehabs. I didn't think the property was that rural but apparently it qualifies. Anyways, I've got very little knowledge on USDA financing, so I wanted to ask the BP community about your experience with them. Do they adhere to the 90 day FHA rule? Do they take any more or less time to close?

If they don't adhere to the FHA 90 day rule, then that's awesome. This property is currently under 90 days and we don't want to have to do the whole 2 appraisal thing!

Thanks in advance