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lrrsc
116 Posts |
 Posted - 08/26/2008 : 5:14:39 PM
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Folks,
What's required to get your broker shop setup for FHA loans now? I know part of the new law was supposed to make it easier to set up a shop for FHA loans, but did that happen? Is it easier to get setup for FHA now?
thx
JL |
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getagreatrate
32 Posts |
Posted - 08/26/2008 : 6:38:55 PM
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| Mini-Eagle - 63000 net worth, 20% of it liquid, lender sponsor needed. $1000 non refundable application fee. Quality Control Plan. Various other requirements. See 4060.1 Rev2 through HUDCLIPS. No easier. Takes 6 weeks or so. |
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