125%LTV refi's? - Non-warrantable loans - 203(k) summary - FHA loans at risk?
By Paul Luykx
(LX Financial LLC)
FHA lending criteria have become stricter, and the trend will continue I think. The divergence between FHA and Fannie/Freddie is still significant. and F/F are not likely to lower their standards! /// And now the surging demand for FHA loans is putting the program at risk. US watchdog warning. /// Make it a good week folks. Call me if I can help - Paul 125%+ refinances? The Obama administration is considering allowing Fannie Mae and Freddie Mac to refinance loans with current loan-to-value ratios of 125%, or higher. Read more FHA 203(k) rehab loans 203(k) loans are the perfect for home renovations, handyman specials, and improvement of foreclosed property. The lending value can be as high as 110% of total cost. Summary 10 cities most likely to bounce back quickly Forbes magazine has...
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