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lender: FHA Mortgage Loans - 10/27/08 10:30 PM
It's interesting to see how many mortgage bankers are just now taking "FHA 101."   This is a great product that most likely could have been used in place of many sub prime loans but that would have required the borrower to actually document their credit....imagine that.  I have only been in the industry for 4 years now but one of the first loans I ever wrote was an FHA loan.  These aren't anything new.  In fact they have been around for a very long time.  They still allow the borrower to contribute 3% into the transaction and that 3% can even … (1 comments)

 
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Justin Perry

Portsmouth, NH

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Mortgage Banker

Office Phone: (603) 570-4897

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