New FHA Home Loan Rules Could Help Sedona Real Estate
Mortgage Relief Bill includes measures to expand FHA home loan program
New FHA home loan rules could help those looking to buy Sedona real estate. The Mortgage Relief Bill, recently passed in the House, would expand the offerings by the FHA home loan program that offers good mortgages at low rates. The new rules allow homes to be as much as $417,000, and it cuts the required down payment by half.
However, FHA home loan rules do require that you have reasonably good credit, and a down payment is still necessary. Even with some of the old rules still intact, it is worth noting that the new rules make more Sedona real estate eligible for this great program.
For more on Sedona mortgage programs and real estate news, contact Claudia Ault.
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July 28th, 2008 at 10:38 pm
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July 31st, 2008 at 4:41 am
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