What changes are on the horizon for FHA Mortgage Loans?

Craig Tomlinson of Bell Real Estate of Eugene recently posted this this blog post about possible changes in FHA Mortgage Loans. He asked some of the same questions many people have now about what is going to happen with FHA loans in the future. He didn't have the answers and neither do I about what FHA will be doing, but I know what they are doing. FHA still is only 3.5% down payment. FHA loans can be combined with the Springfield SHOP and Eugene HAP programs. FHA loans have more liberal underwriting criteria. FHA remains the number one choice for First Time Home Buyers. FHA does not require appraisals ordered through HVCC.