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“One of the penalties for refusing to participate in the governing of your country is that you end up getting governed by inferiors.” – Plato
The National Association of Mortgage Professionals is urging you to submit your comments about the proposed changes to the FHA regulations.
The FHA currently allows sellers to contribute up to 6% of the sale price towards the buyer’s closing costs and prepaid expenses. Buyers still have to come in with their 3.5% down payment, and in many cases only have those funds to purchase a home.
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