View Single Post
Old 04-30-2008, 11:30 AM   #5 (permalink)
monnot
 
Status: Junior Real Estate Forum Member
Join Date: Jan 2006
Posts: 12
Default Re: Mortgage Brokerage

That would be FHA. The only thing you need to watch out for there is the loan amounts on Homes and Communities - U.S. Department of Housing and Urban Development (HUD) .
On conventional you can still do 5% down again depending on counties.
There are still a few lenders that are not hitting you with the additional 5% depreciating markets as we have the exact same thing here in FL.
__________________
Michael Monnot
www.authoritymortgageinc.com
941-747-2600
monnot is offline   Reply With Quote