FHA Loan Changes for 2010 by Aaron Zapata Prudential CA Realty

The FHA has informed us of a number of changes that are taking place this year.  We’ve already seen the 90-day flip rule removed, but they are increasing their fees, limiting seller contributions, raising minimum fico scores, and in some cases increasing the minimum down payment required.  Please call me or your loan officer to see how these changes might affect your specific situation.

[youtube=http://www.youtube.com/watch?v=YjO12EIMwA4]

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