July 5, 2007
Will FHA Loans return?
Will FHA Loans Return?
With the near death of the sub-prime mortgage market many people are wondering will we see more FHA loans in the future. Of course, with the absence of sub-prime loans the federal government must do something so help ease the burden of the loan industry.
Many buyers may not know that because of strict regulations many mortgage brokers may not offer FHA loans. Brokers may not want the hassles of audits and additional expenses. The best option for a buyer is to check with your personal bank first before deciding on a loan option.
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