March 2011

Found 1 blog entry for March 2011.

Spring is just around the corner, and that means it is wedding season.  Many newlyweds would love to purchase a home, but just don’t have enough savings to cover the down payment and closing costs.  Weddings aren’t cheap, and even the most frugal of couples can find themselves short of the cash reserves required to qualify for a home loan. 

But engaged couples short on cash savings shouldn’t close the door on the possibility of a purchasing a home.  FHA guidelines now allow for some creativity regarding how newlyweds can come up with the cash needed to purchase a home.   

The Federal Housing Authority, the government agency that regulates FHA loans, is now allowing  Down Payment Wedding Registries as an easy and straightforward way to build up the cash

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