fha changes: New FHA Changes To Borrower Income
- 09/20/15 07:14 AM
This past Monday I wrote a blog titled New FHA Changes In Calculating Borrower Debt which covered the recent FHA guideline changes implemented on September 14, 2015 on calculating borrower debt. I followed that blog up on Friday with a second blog which covered the New FHA Changes To Borrower Assets. Today I will finish up the FHA changes implemented on September 14, 2015 with the New FHA Changes To Borrower Income which I feel will impact usable Borrower income the most. The new FHA Changes implemented on September 14, 2015 which will have the most impact on usable Borrower Income are … (34 comments)
fha changes: New FHA Change To Borrower Assets
- 09/17/15 08:01 AM
This past Monday I wrote a blog titled New FHA Change In Calculating Borrower Debt which covered the recent FHA guideline changes implemented on September 14, 2015 on calculating borrower debt. Today I will cover the New FHA Changes To Borrower Assets which will impact usable Borrower assets the most. The four new FHA Changes implemented on September 14, 2015 which will have the most impact on usable Borrower Assets are: Gift Funds Definition Of Relatives/Family Members Earnest Money Deposits Large Deposits The change to Borrower Assets I think will impact Borrowers the most, is the change to how Gift Funds … (16 comments)
fha changes: New FHA Change In Calculating Borrower Debt
- 09/10/15 03:53 AM
Today, September 14, 2015 FHA's new Handbook 4000.1 goes into effect, and with it significant guideline changes. There are to many significant change to include in one blog, so over the next couple of weeks I will be posting several blog covering these guideline changes by category. The first significant change I will cover is the New FHA Change In Calculating Borrower Debt. The New FHA Change In Calculating Borrower Debt is going to have a major impact on: Deferred Debt Authorized Users Debts With Less Than 10 Months Of Monthly Payments 30 Day Accounts Deferred Debt: As of today, September 14, 2015 ALL … (57 comments)
fha changes: Even With Recent Changes FHA Mortgages Will Still fulfill A Need
- 04/08/13 05:38 PM
I have been critical of FHA for several months now because of changes that FHA has been making over the past year, and will continue to make that are having a negative impact on Borrowers. The changes that FHA has been making has made Conventional Mortgages a much more attractive Loan Product once again, and the Loan Product that most Borrowers are likely to do in the future. However, Even With Recent Changes FHA Mortgages Will Still Fulfill A Need, especially for Borrowers that do not have sufficient income on their own, and require a Co-Borrower on the mortgage. First … (19 comments)
fha changes: New FHA Proposed Changes Are Now A Reality
- 02/05/13 05:51 PM
I was hoping that FHA would reconsider the proposed changes that they anounced in November, but as many of you know by now that did not happen. HUD has announced that the two biggest changes that were propose will be implemented in the first half of the year. Since we now know that the New FHA Proposed Changes Are Now A Reality we are going to have to adapt to them, or focus on other loan programs. Personally I think that FHA's decision to implement these changes is a huge mistake, and a further step backwards for both the Real Estate Market, and the Lending … (25 comments)
fha changes: FHA Proposed Changes For 2013
- 11/25/12 06:11 PM
In the previous blog FHA Has A $16 Billion Loss In The Monthly Mortgage Insurance Value, I outlined why I believe both the media and Washington Politicians will overreact to the latest news from FHA, and provide some reasons for this huge loss in the Monthly Insurance Value. In this blog I will list some of the FHA Proposed Changes For 2013 that I feel are important to point our. Many of the Changes that are being proposed by FHA are in anticipation of the overreaction that they are expecting from the media and Washington. In their anticipation of the overreaction … (8 comments)
This past Monday I wrote a blog titled New FHA Changes In Calculating Borrower Debt which covered the recent FHA guideline changes implemented on September 14, 2015 on calculating borrower debt. I followed that blog up on Friday with a second blog which covered the New FHA Changes To Borrower Assets. Today I will finish up the FHA changes implemented on September 14, 2015 with the New FHA Changes To Borrower Income which I feel will impact usable Borrower income the most. 
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