Mid-April there are going to be changes to the FHA loan – yes…again. Starting April 18th FHA loans will be going up 25 “basis points.” No need to get into the technicalities of what this means, what will change for […]
There hasn’t been much fanfare or public announcements but two big lenders, Wells Fargo and Quicken are allowing FHA loans to borrowers with 3.5% down a credit score of only 580. This opens FHA loans to be accessible to a […]
So how does that work? This can be tough. It happened to me yesterday and everything is still not worked out. In this case it was from a conventional (20% down) loan to an FHA (3.5% down). I don’t know […]
