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FHA To Increase Insurance Premiums & Some Down Payments The Federal Housing Administration (FHA) has announced plans to increase the amount of up-front cash paid by new borrowers and to require higher down payments from those with the poorest credit. A little history - Prior to 1983 FHA loans re...
Effective for all sales contracts dated on or after February 1, 2010. Certain property may be resold and financed using FHA insured financing without waiting 90 days. FHA has temporarily waived the 90 day wait period, on certain transactions. These recently purchased homes may be sold and financ...