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fha loan in 1 week … can some help me …give me ideas ,?

Can some tell me if it is posible to get FHA LOAN in one week.
I was doing it with Countrywide but they are not faithful with the agreement. They tols me that there is no prepayment penalty but when I got my firt papers the PREPAYMENT PENALTY is checked.
They are trying to tell me that it is a requirement by FHA. I called FHA LOCAL office and they said it is the bank who is putting it there for their benefit …FHA LOAN does not have prepayment penalty. I only have 7 days to close. and now I want to change my bank …Any thoughts…..for me…….
ALL OTHER BANKS SAYS NO PREPAYMENY PENALTY FOR FHA… SO I RECKON COUNTRYWIDE NOT DOING IT RIGHT BUT WANT TO MAKE MONEY


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This entry was posted on Saturday, June 27th, 2009 at 8:39 pm and is filed under FHA Requirements. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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    One Response to “fha loan in 1 week … can some help me …give me ideas ,?”

    1. reality says:
      June 27, 2009 at 8:40 pm

      All the FHA Loans have a prepayment penalty and mortgage insurance. But if you refinance to another FHA mortgage, you don’t have to pay a prepayment penalty. Excellent Luck! Countrywide is one from only a few banks, who still doing a excellent job.

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