Friday, May 1, 2015

Changes in FHA multifamily lending requirements squeeze lenders, owners | 2015-04-30 | HousingWire

Changes in FHA multifamily lending requirements squeeze lenders, owners |





“The FHA doubled the amount of reserves the borrower must put up to get a
mortgage on a multifamily property, and we’re talking about reserves in
the hundreds of thousands of dollars. This also requires an initial
deposit in addition to the annual reserve.”

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