Posts Tagged ‘FHA’

FHA To Toughen Down Payment Rules

| Joseph Whitley

Borrowers with credit-rating scores below 580 will be required to put down at least 10 percent. Those with a credit score above 580 will be able to continue to…
Source: Reuters News, Corbett B. Daly (01/19/2010)       [Read More]

Borrowers with credit-rating scores below 580 will be required to put down at least 10 percent. Those with a credit score above 580 will be able to continue to…

Source: Reuters News, Corbett B. Daly (01/19/2010)

FHA Second Appraisal Requirements.

| Joseph Whitley

Required if you are purchasing a home…
…between the 91 – 180 day after the seller acquired the property.
…where the purchase price is equal to/more than 100%       [Read More]

Required if you are purchasing a home…

…between the 91 – 180 day after the seller acquired the property.
…where the purchase price is equal to/more than 100%