ARCHIVED BLOG POSTS
Besides down payment assistance going away - there are SSOOO many other changes that have either happened or are going to happen within the next year in regards to FHA. Just to name a few: · Down payment requirement will now be 3.5% · There will be a moratorium effective Oct 1st f...
Summary of Major Single Family Program Changes as a result of enactment of: The Housing and Economic Recovery Act of 2008 (Pub.L. 110-287) Conforming Loan Limit: Permanently increases the limit and establishes a local area-based system. The new limit will be based on 115 percent of the area m...