http://www.fhaloanpros.com/2007/09/fha-loans-versus-creative-financing/ The Unofficial Guide to FHA Loans & Mortgages Fri, 25 Jul 2008 17:50:26 +0000 http://wordpress.org/?v=2.0.5 http://www.fhaloanpros.com/2007/09/fha-loans-versus-creative-financing/#comment-183 Fri, 14 Sep 2007 00:15:46 +0000 http://www.fhaloanpros.com/2007/09/fha-loans-versus-creative-financing/#comment-183 Although I do agree that FHA has changed much over the years(my first house was with a FHA loan.which required everything including my first born to be LOL) I have a problem with the way FHA is structured for the predatory broker/lender. FHA allows up to 7 POINTS on a loan. I think that is disguisting. Here we are today with many brokers/lenders who are unable to do business as it was done before running to do FHA loans salivating at the idea of 7 POINTS..what is going to be done about that loop hole before consumers are taken advantage of again... Although I do agree that FHA has changed much over the years(my first house was with a FHA loan.which required everything including my first born to be LOL) I have a problem with the way FHA is structured for the predatory broker/lender. FHA allows up to 7 POINTS on a loan. I think that is disguisting. Here we are today with many brokers/lenders who are unable to do business as it was done before running to do FHA loans salivating at the idea of 7 POINTS..what is going to be done about that loop hole before consumers are taken advantage of again…

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