Francene Grewe

Tara-Nicholle - another great piece! Wondering if you've looked at the proposal to extend for 6 months - for active duty of 90 days - the $8000? Really? does any loan program allow a borrower to close if they are not going to occupy for more than 30 days after closing? I've read through the VA on line manual; and it doesn't seem hopeful. And beyond that - is this just a compromise, and end the program as we know it?

I love FHA loans. Gifts for dowypayment. Sellers can pay all closing costs. No risk based pricing tiers. Mortgage insurance at a reasonable cost. Assumable loans written at rates under 6%. WHAT'S NOT TO LOVE?

Excellent information! Thanks for telling this story in such an easy read!