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Updated over 10 years ago,

Account Closed
  • Real Estate Investor
  • East Rockaway, NY
6
Votes |
27
Posts

Are 3% down FHA firt time buyer loans being approved?

Account Closed
  • Real Estate Investor
  • East Rockaway, NY
Posted

Hello all,

Would like to know if anyone has experience with 3% down FHA first time loans are currently being approved.

We have an accepted offer on our house, but the buyer just indicated that they are doing a 3% down FHA loan.

Of course, this is 3 weeks after we accepted the offer, and so now our house has effectively been off the market for 3 weeks.

I'm a bit nervous because we are moving out of state with our 5 children. This puts me in a tricky spot for many reason which i assume most of you can understand / relate to.

Any feedback is greatly appreciated.

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