Mortgage and Lending |
RAINER 34,790 |
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Carl Pruitt | ||
http://FHALoanAdvice.com | ||
location_on Buford, GA — FHA Loan Advice | ||
insert_link http://fhaloanadvice.com | ||
web FHA Loan Advice |
Looking for education on how to originate, process
and close FHA loans the right way?
I made a living in the real estate/mortgage business between 1985 and 2008. When I started originating FHA loans, the required down payment was 5% minus $500 and automated underwriting wasn't a gleam in anyone's eye. This down payment requirement barely slowed us down, however our average home price was about $70,000. I haven't pulled out the calculator to see what that is in today's money.
I also have a blog located at http://fhaloanadvice.com that provides updates on FHA programs, guidelines and updates for both industry professionals and consumers.
FHA mortgage specialist from 1985 until 2008, now a web publisher.. Information for consumers and loan officers about FHA mortgages is available at http://fhaloanadvice.com.