Back in December I blogged about possible upcoming changes to FHA loan requirements – well it’s arrived – The FHA recently announced major changes to their requirements for buyers/borrowers. These increased standards could reduce the number of buyers that qualify to purchase Cary Homes For Sale. The changes are aimed at shoring up the FHA’s [...]
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It may become more difficult for a home buyer to obtain FHA financing. In Washington there’s pending legislation to increase the requirements for buyers using FHA as the source of their home financing. These new regulations would make it more difficult for buyers to qualify. It’s called the “FHA Taxpayer Protection Act of 2009″. The [...]
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FHA,
first time home buyers,
Home Loans,
NAR09,
Qualifying