What… did you think we were talking about PBR, the beer? So sorry to disappoint. We were actually referring to the FHA beating their Personal Best Record. The Federal Housing Administration (FHA) backed nearly 186,000 loans in June 2009, the most ever during its 75 years of existence. To clear any confusion, the FHA doesn’t actually make loans. They Read the rest of this entry ?
Posts Tagged ‘fha’
It could happen, and soon. According to an article published at HousingWire.com, the FHA (Federal Housing Administration) may soon allow first-time home buyers who qualify for the quickly-growing-in-popularity government-backed FHA loans, access to their $8,000 tax credit at the closing table so that they can apply it towards a down payment. An official announcement was not to be made until next week, but the information was made public at a NAR summit this morning.
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