Real estate blog entries tagged with michigan mortgage loans by Sierra Pacific Mortgage

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Home : Blogs : James Mucci : Treeside Financial, LLC : Tag "michigan mortgage loans"

michigan mortgage loans: Buying a Home in Michigan - Updates - More Updates for FHA Loans - CHANGES AT FHA - 01/26/10 09:56 AM

More updates for FHA loans.
More money required at closing due to lower seller concessions, more money being collected for up front FHA mortgage insurance, and more downpayment required for certain borrowers.
Read the post below for details.

Via David H Stevens (United States Dept. of HUD):
I wanted to take a moment to make sure you are familiar with events surrounding a sweeping set of policy changes for FHA announced earlier this week. The announcement details the changes that Secretary Donovan promised to deliver by the end of January when he testified before Congress last month.

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