“Did you know that FHA financing is quickly becoming one of the most utilized mortgage product in the marketplace today? In fact, the FHA Commissioner’s office recently announced that they project FHA loan originations to increase by 168% in 2008. This is due to a number of factors:
1) FHA loan limits have been raised to $271k in our area
2) FHA still allows a low 3% total investment by the buyer
3) FHA still allows for approved down payment assistance programs such as Genesis and Nehemiah Gifts
4) FHA’s credit requirements are much softer than fanniemae conventional at this point and
5) FHA offers some of the best rates/terms in the marketplace today.
To learn more about how FHA can bolster your business, come by my office to discuss!”
tricia
1) FHA loan limits have been raised to $271k in our area
2) FHA still allows a low 3% total investment by the buyer
3) FHA still allows for approved down payment assistance programs such as Genesis and Nehemiah Gifts
4) FHA’s credit requirements are much softer than fanniemae conventional at this point and
5) FHA offers some of the best rates/terms in the marketplace today.
To learn more about how FHA can bolster your business, come by my office to discuss!”
tricia
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