Real estate blog entries tagged with fhas reduction of seller concessions to 3 percent by Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans ( Social Media

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Home : Blogs : Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans : Mortgage Knowledge at its BEST!!!! (Jeff Belonger) : Tag "fhas reduction of seller concessions to 3 percent"

fhas reduction of seller concessions to 3 percent: Our Declaration of FHA Financing !!! - Issues regarding the 3% seller concession proposal - Can we fight FHA Loans with solutions?? - YES !!! - 07/17/10 01:03 PM

IMPORTANT CALL TO ACTION - Hot topic - Reduction of seller concessions on FHA loans to 3% max

I wrote this article the other day, HUD seeks public comment on three main issues for FHA loans. - The main issue and focal point is that FHA wants to reduce the seller concession from 6% to 3%. I can understand why. Two reasons I can think of :
1. The real estate market has crashed and home values have dropped significanly in some areas, that homes are upside down. Some feel that with a FHA mortgage, that you basically … (49 comments)

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

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