FHA Toughens Down Payment Rules

I have read this…. I am thinking about it….. I don’t think this is a bad thing at all.

So FHA is getting tough on people with a credit score of lower than 580, heck just a few short years ago people without a credit score or a job were getting 110% loans, so this is a good thing.

I have always enjoyed watching the pendulum swing through the years and looks like it has begun to swing the other direction in earnest now.

Kelly…

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