FHA has not accepted my loan for FHA insurance post closing
Hi Everyone,
I recently purchased a home with an FHA mortgage, after closing I received a letter from my lender that the FHA has not accepted my loan for FHA insurance and now my loan is no longer an FHA loan.
How is this possible? I am in any danger of the lender calling in the mortgage since they will have a harder time selling it off without the FHA insurance?
Any advice would be appreciated.