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FHA Required Down Payment
FHA Required Down Payment
Posted by at 2nd February, 2010
FHA Required Down Payment
The down payment requirement on FHA loans are 3.5%. This went into effect date on January 1, 2009, but the FHA loan limits discussed previously in FHA Mortgage Limits video will not go into effect until the expiration of the Economic Stimulus Package (December 31, 2008).
Stay tuned for an updated video as the government is proposing an increase to FHA Required Down Payment in the near future.
Category : FHA Loan / FHA Required Down Payment / Uncategorized (0) Comment
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