Ruth's Blog: FHA is raising their down payment requirement!

An office of elite mortgage lending professionals with a common interest and goal toward providing customer service that exceeds expectation. Thereby building our business from repeat and referral opportunities. WR Starkey Mortage is an Equal Housing Lender.

FHA is raising their down payment requirement!

Many changes went into effect with the signing of the Housing Bill, referred to as HERA or Housing and Economic Recovery Act of 2008. TOO MANY changes to cover in one post (after all, the bill was 789 pages long!)

One of those changes is the FHA required down payment going to 3.5%.

For more information on this topic, visit my blog site at: http://talkingaboutloans.blogspot.com/.

Views and opinions expressed on this site are not necessarily those of WR Starkey Mortgage.

  Ruth Vogt Colorado Mortgage Lender

 Ruth Vogt, Branch Manager

   Colorado LMB #LMB100023827

   www.MyLenderOfChoice.com

   rvogt@wrstarkey.com

 

0 comments • Ruth Vogt FHA Home Loans Colorado, VA Home Loans • August 20 2008 08:55PM

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