40001 handbook: Did you know that 64 underwriting rules about to change for FHA buyers?
- 08/04/15 01:52 AM
Did you know that the underwriting rules are about to change for FHA hombuyers? So, here's the dealio... For over 40 years, FHA underwriting bible was called the 4155 handbook. The new verison of the FHA bible (#4000.1) goes into effect on September 14, 2015. Why would you care about it now? Because if you are working with an FHA buyer who has been preapproved under the old rules, and they end up buying a home after September 14, they may no longer qualify for the loan. As of last week, there were 64 (yes, 64 of them) MAJOR underwriting rule changes. An … (6 comments)
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Did you know that the underwriting rules are about to change for FHA hombuyers? 
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