An FHA loan is a federal assistance mortgage loan, insured by the Federal Housing Administration. To promote home ownership, these loans require a small down payment and offer the most choices for refinancing, especially with cash out.

Recent reforms have addressed current housing and mortgage lending needs by loosening some underwriting standards and raising current restrictive loan limits.

Read more about New FHA loan highlights on my blog:

My Idaho Home Loans

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1 Comments on New FHA rules good for Boise mortgage market

JUL
10
2008

Thanks for you for taking the time to comment on this subject in the Active Rain network.  AR is the new "cyber backbone" of the industry, and with it's uplink to Localism.com it is transforming the real estate marketplace. Agents who don't see which way the cyberwind is blowing are going to find themselves at a considerable disadvantage inside of three to five years.

8:33pm • #1

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Lisa Kratz

Meridian, ID

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Apex Mortgage

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