FHA Strengthens Requirements For Lenders

Posted on April 9, 2010 by Renee Lee

FHA Strengthens Requirements for Lenders**

Since 1993, the FHA required lenders to have a net worth minimum of $250,000. Effective immediately, all new lender applicants must possess at least $1 million in net worth.

Read the press release from the Federal Housing Administration at ThinkGlink.com


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