Tougher Rules Coming for FHA Mortgage Applicants – Charlotte NC Real Estate and Finance

Tougher Rules Coming for FHA Mortgage Applicants – Charlotte NC Real Estate and Finance

December 7, 2009 by Victoria Stankard · Leave a Comment 

FHA-insured home loans have become extremely popular.  Since 1983, the Federal Housing Administration, which is part of HUD, has been helping people fulfill the “American dream of home ownership.” By insuring loans, lenders have been able to offer better deals with easier credit qualifying along with lower down payments and closing costs. However, tougher rules [...]

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