FHA mortgages account fully for almost one out of four mortgages that are closed.

FHA mortgages account fully for almost one out of four mortgages that are closed.
FHA Modifications Its Mortgage Tips
FHA mortgages take into account almost one in four mortgages that are closed. Getting one, however, is tougher for borrowers “on the margin” than it was previously.
The Federal Housing management (FHA) changed its home loan instructions, impacting exactly how loan providers underwrite and approve FHA-insured loans.
The FHA tightened […]

Read more...