i am confused; why are you capping the EEM for an FHA loan at $8000? HUD say you can go with either 5% of: 1) value of the property 2) 115% of Median Sales Price 3) 150% of Freddie Mac loan limit ( lesser of the three) - VA maxes at $6000... just wondering if it your company or who is capping the EEM.. thanks
i am confused; why are you capping the EEM for an FHA loan at $8000? HUD say you can go with either 5% of: 1) value of the property 2) 115% of Median Sales Price 3) 150% of Freddie Mac loan limit ( lesser of the three) - VA maxes at $6000... just wondering if it your company or who is capping the EEM.. thanks
TheStshort 3 months ago