Question: Does FHA require a minimum number of 12 payments made for an FHA rate/term refinance? Answer: FHA does not require a minimum ’12 months of payments’ for a rate/term refinance. They do have 2 requirements that are both based on ACQUISITION date, NOT number of payments made: In order to do a 97.75% LTV […]
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Written By: Lloyd Rutherford, Staff Writer This month’s Freddie Mac Bulletin contains some little changes that could have a big impact on your business, so read through this article to stay up to date. Rule Synopsis: Freddie Mac is updating their selling guide for a variety of topics. This article will focus on the topics […]
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