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NEED TO KNOWDeal Defense

The Zero-Interest Second Lien Behind an FHA Loan That Comes Due When Your Seller Sells

You build the seller's net sheet off the loan balance they read you off their statement, and you have never had a reason to doubt it. On an FHA loan that went through a pandemic-era workout, the balance on that statement can be missing tens of thousands of dollars that get repaid at closing.

2-minute read