Well, it looks like there are going to be some changes in FHA financing coming down the pipe. Take a look at this short video, and see how it will affect you and your final loan payment. These changes will go into effect on September 7th, 2010.
**Not mentioned in this video is the fact that allowable seller concessions used to top out at 6%, where they are now going to top out at 3%.
Video courtesy RealPro Innovations.
Mike Ciucci specializes in the Charleston SC real estate market. He has been a Charleston resident for over 25 years, focusing on quality and attention to detail his clients have come to expect.