Not Your Parents’ FHA Loan - The New And Improved FHA
FHA-backed loans used to be primarily for 1st time home buyers. The program has been modernized and is available to all buyers if you meet the program’s loan limits and other requirements. A buyer can put down as little as 3.5% and can have credit scores in the 600s without being penalized.
Check out this article from CNN which talks about the modernized FHA programs and how buyers are giving it a new look.
http://www.cnn.com/2009/LIVING/homestyle/01/02/toh.best.home.loan/index.html
Check out the rest of the week’s most important real estate articles.
http://www.car.org/media/pdf/Beyondtheheadlines_010809.pdf
Call me with any questions.
Kevin P. Cummins
Realtor / Broker / Attorney
Coldwell Banker – Carmel Valley
Cell: 858-750-9577
Search the MLS on my new website at kevincumminshomes.com.
