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Buying & Selling Real Estate

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Andy J.
  • Wholesaler
  • Colorado Springs, CO
254
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286
Posts

FHA Lending under 90 day seasoning

Andy J.
  • Wholesaler
  • Colorado Springs, CO
Posted Mar 26 2010, 21:45

I'm wondering if anyone has purchased and sold a home in less than 90 days with FHA financing since the 90 day seasoning rule has been lifted? I've heard rumors of lenders not being able to sell these notes on the secondary market due to the lack of an official HUD guideline. Rumors...I know, but I would like to hear from anyone who has firsthand experience.