Changes In FHA Financing

Dated: September 25 2015

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For buyers looking to secure an FHA loan there are some very big changes taking place immediately.  Time frame and cost of appraisals and student loan debt will be two of the biggest shifts for the lending program.  Sellers will be made aware of the impact to them offering FHA as an option for purchasing so you will most likely see fewer lenders offering FHA and fewer sellers accepting it as an option.  Good news is that there are new conventional programs for financing that offer as low as 5% down that can open the door to better choices in purchasing a home.http://www.ararefindforyou.com

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