Published: Oct 01, 2013 9:40 PM EDT
Updated: Oct 01, 2013 10:44 PM EDT

BONITA SPRINGS, Fla -- Getting a home loan may be tricky over the next few weeks if the government shutdown continues. Local realtors say this could affect new home buyers and sellers if the shutdown last more than two or three weeks.

With the busy tourist season just around the corner, it's a critical time for local realtors. "It's really picked up this last week. We can tell the difference, the phones are ringing more, there are more clients in, there's a lot more activity," says Mike Reeves with the Reeves Family Team at Coldwell Banker in Bonita Springs.

Reeves says he's hopefully the season will stay successful, but he fears a lengthy government shutdown could cause long term problems for buyers and sellers, especially when it comes to approving new loans.

"They have to do that through the social security department as well and that may be understaffed and take time to get that information back," says Reeves.

All government issued loans, like those from the Federal Housing Administration, will continue to be processed during the shutdown, but the FHA says there will be fewer people approving those loans, which could cause a back log. Closings may also be delayed because of the longer approval process and if the shutdown lasts longer than a few weeks, Reeves says, we'll see a trickle down effect.

"Somebody has money down on a home that they're constructing a home, but they're also selling a home. If that process is slowed, then the person who is selling may also be a buyer themselves and slow down another transaction waiting on the money and the funds that come from the home that they're selling," says Reeves.