http://www.mortgagefit.com/blog/fha-increasepremiums-downpayments/ Behind the scene Wed, 23 May 2012 14:28:23 +0000 http://wordpress.org/?v=2.5.1 http://www.mortgagefit.com/blog/fha-increasepremiums-downpayments/#comment-18527 jason Thu, 21 Jan 2010 10:46:17 +0000 http://www.mortgagefit.com/blog/?p=143#comment-18527 It is true that if the new rules get implemented, it would become difficult for a large number of people to qualify for a FHA sponsored loan. However, I think it's a good move and completely agree with you that it would in turn save us from "another real estate crisis". Another thing which I found good in the changes is that it's planning to raise the down payment to 10% for those who have a credit score less than 580. It is true that if the new rules get implemented, it would become difficult for a large number of people to qualify for a FHA sponsored loan. However, I think it’s a good move and completely agree with you that it would in turn save us from “another real estate crisis”. Another thing which I found good in the changes is that it’s planning to raise the down payment to 10% for those who have a credit score less than 580.

]]>