FHA is offering 40 year Mortgage? | MPRE Residential

Recently, the media claims that the FHA is offering a 40 year mortgage. Is this true? If so, would this be considered a violation of the Dodd-Frank Act? How could this affect Real Estate, especially right here in the greater Boise, Idaho area, and even across the US?

The realization is this is NOT for loan origination, but modification. What does this mean? And whom may be able to qualify for the 40 year FHA loan? Cick here to find out more, and how beneficial this may be. If it is at all!
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I’m a Realtor® located in Star, Idaho with NextHome Treasure Valley. I moved to Star, Idaho in order to find a better way of life, other than the rigid/regulated rules, ridiculous unconsitutional policies and high taxation of the State of California. After thorough research, I found home in Star, Idaho and made the move. It turns out it was the best decision of my life, and I want to share those experience with you! If you know of someone that may be able to benefit from my videos and is considering a relocatation to the Treasure Valley (greater Boise, Idaho area), I would love to help! I appreciate your shares!

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Thank you for watching my videos! If you want to talk with me about the Boise Idaho Real Estate market, feel free to email me at [email protected], or call 208-715-7827.

I look forward to hearing from you!

Mike Petras
MPRE Residential
(208) 715-7827
[email protected]
NextHome Treasure Valley

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