http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more ... Keeping New Jersey Consumers and Mortgage Borrowers in the Loop ...... Mortgages, Refinancing, Credit & More... Fri, 13 Aug 2010 01:01:05 -0500 http://wordpress.org/?v=2.9.2 hourly 1 http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more/comment-page-1#comment-294 Carol - The Administrator Sun, 07 Mar 2010 17:48:43 +0000 http://newjerseymortgageblog.com/?p=1925#comment-294 @Freda - The reduction in seller concessions from 6% to 3% is slated for this summer. @Freda – The reduction in seller concessions from 6% to 3% is slated for this summer.

]]> http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more/comment-page-1#comment-293 Carol - The Administrator Sun, 07 Mar 2010 17:44:01 +0000 http://newjerseymortgageblog.com/?p=1925#comment-293 @Vickie - No, the seller credit cannot be used for a down payment. You can, however, get a gift for the down payment. Let me know if you have detailed questions about using a gift as a down payment. @Vickie – No, the seller credit cannot be used for a down payment. You can, however, get a gift for the down payment. Let me know if you have detailed questions about using a gift as a down payment.

]]> http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more/comment-page-1#comment-292 Freda Sat, 06 Mar 2010 17:29:13 +0000 http://newjerseymortgageblog.com/?p=1925#comment-292 Do you know when the change will happen changing seller help from 6 to 3%? or if it is happening Do you know when the change will happen changing seller help from 6 to 3%? or if it is happening

]]> http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more/comment-page-1#comment-278 Vickie Wed, 10 Feb 2010 21:30:54 +0000 http://newjerseymortgageblog.com/?p=1925#comment-278 Can the seller credit be used for my down payment? Can the seller credit be used for my down payment?

]]> http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more/comment-page-1#comment-261 Carol - The Administrator Wed, 03 Feb 2010 07:09:58 +0000 http://newjerseymortgageblog.com/?p=1925#comment-261 @Secretary 9099 – The minimum down payment is still 3.5% as of now. There was rumor about it moving up across the board, but nothing so far. However, anyone with a score under 580 needs a 10% down payment. This is almost meaningless since it is near impossible to get a loan approved by a lender with a score of 580...... @Secretary 9099 – The minimum down payment is still 3.5% as of now. There was rumor about it moving up across the board, but nothing so far. However, anyone with a score under 580 needs a 10% down payment. This is almost meaningless since it is near impossible to get a loan approved by a lender with a score of 580……

]]> http://newjerseymortgageblog.com/the-new-fha-mortgage-for-2010-it-will-cost-you-more/comment-page-1#comment-258 Secretary 9099 Wed, 03 Feb 2010 06:51:17 +0000 http://newjerseymortgageblog.com/?p=1925#comment-258 is down payment still the same for the fha? is down payment still the same for the fha?

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