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FHA Changes for 2014

FHA Changes 2014

BUYERS
To qualify for a home purchase under current mortgage limits, buyers need to get a FHA Case Number Generation before Jan 1st. This requires a fully executed contract, property specific; re-fi will need full applications.

SELLERS
In order to sell your home within current mortgage limits, you must list your home to get in contract before Jan 1st.

BORROWERS
As a prospective borrower that is between the FHA gap, its important to begin your application now.

If you have any questions or need help, please do not hesitate to contact me by email maureen@mylifelender.com or call 619-857-7191.

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