The FHA Considers Dropping the 90-Day Flipping Rule. Here’s Who Could Be Impacted. | Mortgages
Key Takeaways The Federal Housing Administration’s 90-day flip rule blocks financing when a seller has owned the home for 90 days or less. Dropping the rule could offer FHA borrowers more access to recently renovated homes. FHA appraisals, lender underwriting and property standards would still apply, but buyers should get a home inspection. The FHA […]