Good Morning!
Do you remember me telling you that FHA put off the announcement that the max seller help on closing costs was going from 6% down to 3%?
It looks like this change to a 3% cap on seller help could happen as soon as next month. FHA is supposed to let us know in the next 2 to 4 weeks when they are planning on implementing this.
…Don’t worry. When this change does occur I’ll be coming out with some great programs to help make up the difference between the max the seller can help you, and what’s left to be paid above that limit.
Have a good day… And, thanks for reading!
Brett
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