As with conventional mortgages, FHA home loans have a set of rules and guidelines which participating lenders need to follow in order to be insured by the US government. These rules are collected in a single reference book called HUD 4000.1, also known as the Single Family Housing Policy Handbook (SF Handbook).
Gift Of Equity Conventional Loan 3 Down Conventional Mortgage Conventional Real Estate Mortgage Non Conventional Mortgage Non Conventional Mortgage – Visit our site to determine if you need to refinance your mortgage, we will calculate the amount of money a refinancing could save you. To get your free mortgage refinancing video toolkit, visit RefiAdvisor.com using the link below.Purchase-Money Mortgage: A purchase-money mortgage is a mortgage issued to the borrower by the seller of a home as part of the purchase transaction. Also known a seller or owner financing , this. · Conventional Mortgage 3% Down Program Going Away During the weekend of November 16, 2013, Fannie Mae will implement Desktop Underwriter® (DU®) Version 9.1, which will include the key changes described below: