Florida Mortgage Blog, Florida FHA loan Blog

If you are looking to buy a foreclosure as a primary residence FHA can help you purchase the home with 100% financing. Federal Housing Administration has waived their 90 day requirement for homebuyers. Previously homebuyers had to wait 90 days for a home to be approved for financing to stop flipp...

The Bush Administration announced Friday that in an effort to reduce the impact of foreclosures nationwide, the FHA will now permit the financing of foreclosed properties without delay. The FHA's previous policy allowed many foreclosed homes to sit vacant for 90-days in an effort to prevent prope...

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