Financial Information
If an FHA loan negative amortization loans?
I’m in a situation where, when I was 10% to 600K FHA loans are and they do add to 1. 75% of 540 on the principal amount. Even at the end of the year, they add 0th 5% of the value of my loan to client. So, I washed away any shares to build his. So, as this loan is to help home buyers.
That doesn’t seem like a standard FHA. FHAs should not be neg-am. You should speak to your Loan Officer for clarification. He/she would know better than anyone else.