Thursday, March 17, 2005

Prepaid Expenses Fha Loan

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MORTGAGEE LETTER 2008 - 23 TO: ALL APPROVED MORTGAGEES
• Limit the total FHA-insured first mortgage to 100 percent of the appraised value, and to pay the closing costs and prepaid expenses. • Combined loan-to-value ratio (CLTV): When combined with the FHA first mortgage, ... Fetch Document

PRODUCT GUIDELINES FHA STREAMLINE-Wholesale
Closing costs, prepaid expenses, discounts points and escrow shortages may not be financed into the new loan. The borrower that exceed the allowable maximum loan amount. 2) The new FHA insured mortgage may not have a term of more ... View Full Source

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