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New Home Loan Program Proves To Be Successful
The FHA reports a pilot program certifying local lenders in small towns to handle on the spot home loans. Loans process in 2 to 6 days vs 3 to 5 weeks previously. Seven regions involved. nearly 300 lenders and 70 inspectors plus 251 appraisers approved. The initiative may raise real estate activity and follows the Northeastern Retail Lumbermen’s Assn convention opening.
MENTIONED IN THIS ARTICLE
New York
Federal Housing Administration
Robert W. Macauley
FHA
Maccauley
Bhoorrowers