Helpfull information with Atlanta Purchasing Foreclosures and Refinance Information

FHA has increase the credit score limits to 600
February 14th, 2009 3:06 PM

I want to know if this policy of increasing the scores - will it hurt or help  homeowners or the economy . In regards to both - it seems that now it has drastically limited the borrowers ability to purchase a home.

It seem that they first took away the down payment assitance program that did reduce the buyers of home at least by half, but now thet have made it more difficult to sell and buy.


Posted by Peter M. Knap on February 14th, 2009 3:06 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

 Access to or use of this Mortgage Web Site constitutes consent to the following terms:

Interest rates, terms, loan programs and other information are subject to change without notice. Full disclosure of product terms and conditions is provided upon request. Network Funding, LP makes no express or implied warranty regarding the information or data presented on this web site, and hereby expressly disclaims all legal liability and responsibility to persons or entities who use or access this web site and its content, based on their reliance on any information or data that is available through this web site. PLease call 800.772.1193 extention 706 if you have further questions about this site or about any mortgage program changes.

 View Privacy Policy and Licensing



 
State:
County:
City:
Zip: