Correction for Earlier Austin Mortgage Blog Post

Correction:

The March 29 edition of Inside Lending reported on maximum seller contributions for FHA loans that will go into effect Monday April 5. The reduction of allowable seller concessions from 6% to 3% for FHA loans is a proposed change. The FHA has NOT announced if or when this change will be put in place.

About Max Leaman Austin Mortgage

GREAT RATES, LOW FEES, CLOSE ON TIME™ ---- 2012 Ranked #1 Austin Residential Mortgage Lender (Austin Business Journal) 2010, 2011 & 2012 Five Star Professional (Texas Monthly) 2009, 2010, 2011, 2012, 2013 PrimeLending Chairman's Circle Award 2009, 2010, 2011, 2012 Scotsman Guide Top Originator (Top 200 Mortgage Professionals in U.S.A.) Better Business Bureau "A+ Rating" National Lender Rankings (Scotsman Guide): Top Purchase Volume (No. 10) Most Loans Closed (No. 32) Top Dollar Volume (No. 88)

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