NEW FHA GUIDELINES:

FHA condo loans that required an FHA spot approval are no longer available after 1/31/2010.

All FHA case numbers issued AFTER April 5th, 2010 will require the up-front PMI of 2.25% (this is increased from 1.75% today)

Early summer - Seller contributions on ALL FHA loans will be reduced to 3% (this is reduced from an allowed 6% today)

BUY NOW!

Dana Gardner

(912) 638-7138

St. Simons Island Real Estate Specialist

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