fha loans down payments: I have BLOWN a gasket in Real Estate !!! Using FHA loans & being upside down ? - 06/25/10 03:35 AM
 
"HOUSTON, we have a major problem with all of these homes upside down"  "People need to put more money down!!!"
 

Just the other day, a borrower asked this question on Trulia.
What is the difference/advantages between other FHA loan lenders and the lenders approved for the NJ First-Time Homebuyer Program ? Response by a realtor : "it is probably not wise to buy a house with 3% down anyway. In my opinion, putting 3.5% down is akin to no down payment at all, and that is what got the housing market into trouble in the first place, among … (38 comments)

 
Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages  - USDA loans - VA Loans ( Social Media - Infinity Home Mortgage Company, Inc)

Jeff Belonger

The FHA Expert - FHA Loans - FHA mortgages - USDA...

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

Mobile: (609) 440-5133

Fax: (775) 361-6619




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