December 01, 2008
FHA Standards to Change Jan 1st
Planning on an FHA loan at 3% down, but have yet to find that perfect home? I hate to tell you to hurry it up...but you better hurry it up!
FHA is changing to 3.5% down as of January 1st. As long as you close by then, no worries for the 3% down. Just be sure that you tuck some more money away or write that offer and let your agent know that you need to close in a hurry. Remember it typically takes 30+ days after your contract is accepted to meet at the closing table and receive the keys!
Happy House Hunting!
Posted By: 
Danielle Vinson
Tagged With:
danielle vinson,
fha,
huff realty
and january 1
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