changes: FHA CHANGES
- 10/22/09 04:01 AM
FHA CHANGES STARTING OCT 19TH -Streamline Refinance with or with out appraisal will need a minimum 640 credit score-Cash out Streamline Refinance will need a minimum 640 credit score-High Balance Cash Out refinance will need a minimum 660 credit score THE HR 3706 ACT (aka "The tax payer protection act of 2009") this is on the ballot now, but has not been approved yet. This act would change the FHA required down payment from 3.5% to 5% and would not allow closing cost to be financed.
HUD has guideline changes coming January 1, 2010 -The 1 page Good Faith … (0 comments)
FHA CHANGES STARTING OCT 19TH
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