Did Jumbo loan change drive up home prices 10% today?

[Eugene]

I don’t think you can get those loans yet.

[pnilesh]

I thot all we need is just 3% downpayment for FHA insured loan. Isn;t that right? For a 450K home this translates to 13.5K. So as long as I have 13.5K, I should qualify.

Am I right? Does the borrower need to have any other assets ( cash or equivalents ) to qualify for FHA mortgage?

[pnilesh]

I thot all we need is just 3% downpayment for FHA insured loan. Isn;t that right? For a 450K home this translates to 13.5K. So as long as I have 13.5K, I should qualify.

Am I right? Does the borrower need to have any other assets ( cash or equivalents ) to qualify for FHA mortgage?

[pnilesh]

I thot all we need is just 3% downpayment for FHA insured loan. Isn;t that right? For a 450K home this translates to 13.5K. So as long as I have 13.5K, I should qualify.

Am I right? Does the borrower need to have any other assets ( cash or equivalents ) to qualify for FHA mortgage?

[pnilesh]

I thot all we need is just 3% downpayment for FHA insured loan. Isn;t that right? For a 450K home this translates to 13.5K. So as long as I have 13.5K, I should qualify.

Am I right? Does the borrower need to have any other assets ( cash or equivalents ) to qualify for FHA mortgage?

[pnilesh]

I thot all we need is just 3% downpayment for FHA insured loan. Isn;t that right? For a 450K home this translates to 13.5K. So as long as I have 13.5K, I should qualify.

Am I right? Does the borrower need to have any other assets ( cash or equivalents ) to qualify for FHA mortgage?

[cr]

I’d honestly be surprised if people “hoping” to qualify even have the $15,000-20,000 needed for a down payment.

And even they did as kev said they may not have the income, job stability, orcredit score to qualify.

I don’t know how long it will take until policy makers, banks, and fickle bandwagon media “experts” figure out making more money available to borrow is not the answer. In fact it was the problem to being with.

[cr]

I’d honestly be surprised if people “hoping” to qualify even have the $15,000-20,000 needed for a down payment.

And even they did as kev said they may not have the income, job stability, orcredit score to qualify.

I don’t know how long it will take until policy makers, banks, and fickle bandwagon media “experts” figure out making more money available to borrow is not the answer. In fact it was the problem to being with.

[cr]

I’d honestly be surprised if people “hoping” to qualify even have the $15,000-20,000 needed for a down payment.

And even they did as kev said they may not have the income, job stability, orcredit score to qualify.

I don’t know how long it will take until policy makers, banks, and fickle bandwagon media “experts” figure out making more money available to borrow is not the answer. In fact it was the problem to being with.

[cr]

I’d honestly be surprised if people “hoping” to qualify even have the $15,000-20,000 needed for a down payment.

And even they did as kev said they may not have the income, job stability, orcredit score to qualify.

I don’t know how long it will take until policy makers, banks, and fickle bandwagon media “experts” figure out making more money available to borrow is not the answer. In fact it was the problem to being with.

[cr]

I’d honestly be surprised if people “hoping” to qualify even have the $15,000-20,000 needed for a down payment.

And even they did as kev said they may not have the income, job stability, orcredit score to qualify.

I don’t know how long it will take until policy makers, banks, and fickle bandwagon media “experts” figure out making more money available to borrow is not the answer. In fact it was the problem to being with.

[Arty]

I think you have to pay insurance premium upfront, too. Also, the loan amount is also capped by your income i.e. your monthly housing payment cannot exceed ~40% of your income…if I am right.

[Arty]

I think you have to pay insurance premium upfront, too. Also, the loan amount is also capped by your income i.e. your monthly housing payment cannot exceed ~40% of your income…if I am right.

[Arty]

I think you have to pay insurance premium upfront, too. Also, the loan amount is also capped by your income i.e. your monthly housing payment cannot exceed ~40% of your income…if I am right.

[Arty]

I think you have to pay insurance premium upfront, too. Also, the loan amount is also capped by your income i.e. your monthly housing payment cannot exceed ~40% of your income…if I am right.

[Author]

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