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Top 5 NEED to Know FHA Loan Changes for 2010

If you’re planning on using an FHA loan, you need to read this. Do it right now, it’s short and to the point:

Here are the top five points:

-Focus on enforcement and lender accountability

-Reduce the maximum seller concession from 6% to 3%.

-Raise the minimum FICO score.

-Increase the up-front cash for borrower (it isn’t clear if this is an increase in the downpayment, currently a minimum of 3.5%, or requiring the borrower to pay more fees).

-Increase FHA insurance premiums.

This entry was posted on Wednesday, December 30th, 2009 at 11:34 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

3 Responses to “Top 5 NEED to Know FHA Loan Changes for 2010”

  1. Kylie Batt says:
    April 20, 2010 at 12:28 am

    По моему мнению Вы ошибаетесь. Предлагаю это обсудить. Пишите мне в PM, пообщаемся….

    -Raise the minimum FICO score.
    -Increase the up-front cash for borrower (it isn’t clear if this […….

  2. Kylie Batt1 says:
    June 12, 2010 at 3:33 pm

    Извиняюсь, но это мне не подходит. Может, есть ещё варианты?…

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    July 21, 2010 at 8:00 am


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