The partial government shutdown is having an effect on the housing market

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BANGOR, Maine (WABI) - The ongoing partial government shutdown is having an effect on the housing market.

Folks looking to buy a home with certain types of loans are having to adjust or rethink their plans.

If you are looking to use an FHA loan, you are likely going to be okay.

However, if you're thinking about a USDA Rural Housing Loan, the shutdown is going to directly impact you.

In any case, it looks like you'll be waiting longer than planned.

"You may be able to close on the mortgage in maybe 45 days or so at the earliest, but it's probably going to take you longer now because those lenders have to go to those federal funders and guarantee the funding to close your mortgage," said Heather Massow.

She says whether you're trying to secure a loan, or the shutdown is affecting your ability to pay on one, communication is key.

Reach out to your institutions and keep them in the loop.