The opportunity you waited a lifetime for has arrived. That's right you paid your taxes now get your monies worth and tell your government officials what you think. Before you respond understand what the FHA has done for the industry lately. Then consider that the credit score as it relates to down payment is a mute point because investors don't buy loans with 580 scores. However limiting the seller assist will cause a great deal of borrowers to no longer qualify for loans. As you may know, the FHA has really stepped up to the plate in the last few years.  This unique program is part of HUD, and operates in the fashion of insuring mortgages (not issuing or purchasing them), thus making the loans very attractive to investors.  Currently FHA-insured mortgages are at lower rates than either Fannie Mae or Freddie Mac rates.  Borrower's with a job and credit (traditional or otherwise) can borrow up to 96.5% ...Click here to read more »