FHA goes from 3% down to 3.5% in January!

Posted by The Lohser Group Cleveland on Monday, October 20th, 2008 at 3:27pm.

Starting January 1st 2009 FHA will require 3.5% down instead of the standard 3% we are all used to.  This is still much lower than most conventional programs in most cases but if you were thinking of going FHA before the new year you may as well take advantage.  If you have questions about this or other mortgage options please feel free to give me a call.  There are a TON of incentives out there right now to get buyers back in the market, take my advice and use them!

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