This is a new wrinkle in the FHA guidelines, and it reduces the amount of paperwork you have to come up with for your loan.
Many realtors are still unaware of this guideline, so you might want to let your realtor know when you write your earnest money check.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
Texas renters are spending more than 30% of their incomes on rent. It can be…
If you are looking for a home in the outer suburbs or in a rural…
If you have credit card debt it’s smart to consider a consolidation loan. If you…
I wanted to let you know we have a 2% to 5% downpayment and closing…
Do you have investment property, and would like to pull cash out of your property?…
Texas renters are spending more than 30% of their incomes on rent. It can be…