(813) 671-6657
Julia@Tampa4U.com
Julia@Tampa4U.com
Important News from FHA
Published by julia | Filed under Buyer / Seller Tips, Market Trends, Miscellaneous, Real Estate, Shout Outs
EFFECTIVE JANUARY 1ST 2009
THE FOLLOWING CHANGES WILL BE MADE ON ALL FHA LOANS
- The Down Payment will be based off the Appraisal or Purchase Price which ever is less.
- The NEW Down Payment will be 3.5%.
- The Down Payment will be based on the lower of the Purchase Price or Appraisal.
- Maximum “Loan To Value” will be 96.5%.
- Don’t forget $7,500 Income Tax Credit for First Time Home Buyers
Ken Ynes
813-294-5767
ken@dhmloans.net
Diversified Home Mortgage
Serving Tampa Bay over 17 years
November 19th, 2008

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