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FHA Negative
Moderators: Mortgage-X

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Posted 7/26/2009 6:03 PM (#2005)
Subject: FHA Negative
I own my own land and have purchased a manufactured home in Dec. 08 to put on my land. However, because of the new restrictions of FHA having to have two comps that are like my home it has put a damper on this whole project. I'm still waiting for a second comp. We already have one. I live in a rural area and most of the homes are larger then I need. I've already had to upgrade to a 1350 sq ft home just to get in line with whats selling out my way. My mortgage broker is tearing her hair out trying to get this through. Any suggestions?
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