METRO MORTGAGE COMPANY

METRO MORTGAGE COMPANY

Bonita springs

,

United States

(Local)

“Specializing in Florida Home Loans”

New HUD Guidance for Property Flippers and First Time Buyers

Buyers and investors looking to purchase a property using FHA financing have some good news and bad news to consider. FHA commissioner David Stevens outlined the agency’s new policy guidelines last week. Included in his announcement were changes to “seller concession” ceilings and new FICO score related down payment requirements that went into effect immediately. [...]