Ar_home_b_search
 



fha downpayment 5 percent down: I WANT your SKIN in this game !!! Give it up !!! - 10/07/09 11:06 AM
 

Give it to me all..... the more that you have down, the more things will work out, that you won't leave your home. And as an investor, I will feel much better. Give it to me, every dime.
Here is my point.  There have been a few articles written in the last week or so and several of the comments are screaming for more skin in the game. These comments aren't just coming from realtors and loan officers, thinking that this will help correct the foreclosure market and the housing market, but this is also coming from the government.
(91 comments)

fha downpayment 5 percent down: FHA loans to 5% down? No seller concessions allowed? Rumors? - The government at its BEST again !!!! - 10/02/09 02:21 PM
 
 
FHA loans to 5% down?  A 5% down payment for FHA loans?
 
 

 
I totally understand the issues at hand, that many agencies are now having more loans foreclose, that more loans are being lost on the books, and that lawmakers are re-looking at FHA's 3.5% downpayment to possibly raise it to 5%.
Here is the article in question written by Rich Edson of Fox Business. Proposal would boost FHA Down-Payment Requirement.
I have a few concerns, not only what some politician wants to do, but the reasoning behind it. If you read the article,
Here … (53 comments)

 
Jeff_belonger_dc_another_same_with_background_10-10-09_hd_active_rain_pic Ambassador_large

Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Cherry Hill, NJ

More about me…

Social Media - Infinity Home Mortgage Company, Inc

Address: Cherry Hill New Jersey 08034 08002 08003, Haddon Heights New Jersey 08035, Haddonfield, NJ, 08033

Cell Phone: (609) 440-5133

Email Me


website metrics

Jeff Belonger's Facebook profile

Subscribe to Mortgage Knowledge at its BEST!!!! (Jeff Belonger)


I just want to educate people about mortgages and the process. In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.







Listings

Links

Archives

RSS 2.0 Feed for this blog