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INCREDIBLE CHANGES TO
FHA LOANS in 2008!
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New loan Limit $271,000
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NO more VC certs on Appraisals
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FHA now uses Fannie Mae Appraisal
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NO MORE CLOSING COST PAID BY SELLER (i.e. no more non-allowable charges)
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New FHA 203k Streamline: Roll-in repairs up to $35,000 into the loan
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Seller can pay up to 6% seller concessions
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2.25% Down Payment
We have 15 years of FHA experience and can walk you through the details. This is an incredible product for loans under $271,000.
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