Fha Minimum Statutory Investment Requirement

So the minimum down payment requirement for FHA loans in 2016 is 3.5%. Those funds can come directly from the borrower, or from a number of "approved sources." One of the benefits of using an FHA-insured mortgage is that the entire down payment can be in the form of a gift .

A borrower that applies for an FHA loan with a spouse is considered the primary. Depending on statutory requirements in her locality, the non-borrowing.

Investment Property 4. 1-4. DU Approve/Eligible or LP Accept Required. FHA LOAN ENDORSED ON OR BEFORE MAY 31, 2009:.. The base loan amount cannot exceed the lesser of the statutory loan limit for area or.

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