With a New Year brings New Guidelines. guidelines
Many in response to HR 3221.
This is not the all encompassing list of New Guidelines; just the ones I feel have a major impact on purchase and refinance transactions. (Read all of HR 3221)
The new housing rescue bill President Bush is expected to sign this week will really change things for buyers needing help with their down-payment. Currently, there are FHA loan programs out there that allow the seller to contribute to the buyers down-payment (providing instant equity for buyers, and less out of pocket costs for buyers). That [...]
Wednesday, January 14, 2009
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