FHA Guideline Panic!

Posted Feb 18, 2009 @ 4:05 pm, Viewed by 279 Visitors, Read 282 Times.

In response to the Obama Housing Relief Plan - Virtually every major FHA investor has increased minimum credit score requirements for FHA loans to 620 middle score.

 I'm sure most of you are asking yourself why...well it will depend on who you ask as to how that's answered.I'll give you my 2 cents and you can take if for what it's worth.  As more information comes available I'll do my best to post.  I believe it's investors lashing back at the terms of the housing plan announced today earlier today.

Read More About FHA Guidelines here

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mikepannell

mikepannell Areas of Expertise: New Homes in Dallas and Fort Worth Texas Move Up and Save Program in Dallas Fort Worth Texas Selling Homes in The DFW area Commercial Real Estate in DFW Residential Real Estate in DFW Condos for Sale in the Dallas- Fort Worth Areas HUD and Foreclosure Approved Broker Some of things Nu Home Source Realty offers our Clients Best Deals on Brand New homes in the Dallas-Fort Worth area Free Credit repair when you close on a home with Nu Home Source Realty Custom Search, with New Homes and MLS listing in the DFW area. (Investors) Property Management 8% and 50% of First Month Rent. Read More

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