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Archive for October 3rd, 2007

3.10.07 » New HUD Rule Bans Seller Funded Down Payments for FHA Loans

Capt. Mike Foate

Things just got more difficult for first time home buyers…although I have to admit I am not sorry to see this go by the wayside. It was confusing to buyers, sellers and REALTORS(R). The practical application of this program and this rule in particular has proven difficult.

This is a preview of New HUD Rule Bans Seller Funded Down Payments for FHA Loans. Read the full post (303 words, 1 image, estimated 1:13 mins reading time)
October 2007
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