FHA Minimum Down Payment Increase

The minimum required investment of a home buyer utilizing a FHA insured mortgage will from 3% to 3.5%. The effective date is January 1, 2009 according to the revised Mortgagee Letter 2008-23, available on www.fha.gov.

Please call or email me with questions.

Staci McCarville
480-778-2614
staci.mccarville@prospectmtg.com