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hud: FHA Loans record - 10/21/08 01:25 PM
Here  are some interesting figures about FHA loan programs in 2008.
FHA received 2,008,157 single-family loan applications. That's up 161.2 percent over the 768,770 applications received in fiscal 2007.
More than 90 percent of applications were for existing home purchases or refinances. 977,550 borrowers applied to purchase homes 885,972 borrowers applied to refinance
FHA approved 1,199,624 mortgage applications.      This number is up 125 percent from fiscal 2007 when the FHA insured 532,337 mortgages.
631,667 loans were made to individuals purchasing homes      That's up 126.9 percent over the 278,422 purchasers who got loans in fiscal 2007.
Among those financing a new home, … (0 comments)

 

Mike Cleaver

Shoreview, MN

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The Cleaver Team at Wallin Residential Properties, Inc.

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