FHA Down Payment Increases to 3.5% effective January 1, 2009
Posted by madisonmortgage on October 20th, 2008
If you thought you missed out on the lower minimum down payment for FHA loans, don’t worry, due to a postponement you still have time. The minimum down payment for FHA loans which was scheduled to increase from 3% to 3.5% on October 1, 2008 has been postponed. The revised effective date of the increase is now January 1, 2009.
View all FHA changes effective October 1, 2009 and January 1, 2009
To view FHA program information visit our FHA Loan page on our website.
Also view our other Government Loans including VA and Rural Housing.
Your local Wisconsin and Illinois FHA mortgage banker:
Dennis Hardy
Toll Free: (877) 240-5810 x104
dennis.hardy@madisonmortgageguys.com
www.Madisonmortgageguys.com
Visit my blog at http://www.madisonmortgageguys.com/blog/
FHA mortgage insurance announcement (effective July 14, 2008): http://www.madisonmortgageguys.com/announcements/FHA_mortgage_insurance_premiums/updates/index.htm
FHA loan limit announcement: http://www.madisonmortgageguys.com/announcements/FHA_loan_limits.htm
Chicago FHA blog entries:
http://www.madisonmortgageguys.com/blog/content/chicago-fha-loans-illinois-fha-mortgage-home-loans-refinance/
http://www.madisonmortgageguys.com/blog/content/chicago-fha-mortgage-loans-chicago-fha-refinance/
Visit our FHA refinance blog entry: http://www.madisonmortgageguys.com/blog/content/illinois-fha-refinance-wisconsin-fha-refinance-mortgage-loans/
Visit our FHA blog entry: http://www.madisonmortgageguys.com/blog/content/wisconsin-fha-loans-and-illinois-fha-mortgage-home-loans/
another blog entry: http://www.madisonmortgageguys.com/blog/content/illinois-fha-wisconsin-fha-chicago-fha-milwaukee-fha-madison-fha-mortgage-loans/
http://www.madisonmortgageguys.com/blog/content/wisconsin-fha-mortgage-illinois-fha-mortgage-loans/
Our Milwaukee page: http://www.madisonmortgageguys.com/communities/wisconsin/milwaukee/index.htm
Our Madison page: http://www.madisonmortgageguys.com/communities/wisconsin/madison_mortgage/index.htm
Our Chicago page: http://www.madisonmortgageguys.com/communities/illinois_mortgage/chicago_mortgage/index.htm
Our Arlington Heights page: http://www.madisonmortgageguys.com/communities/illinois_mortgage/arlington_heights_mortgage/index.htm
Our Northbrook page: http://www.madisonmortgageguys.com/communities/illinois_mortgage/northbrook_mortgage/index.htm







