With the demise of creative financing, FHA loans are in vogue again, and in some cases are even being used by buyers who have the 20% down for a conventional loan. I found it pretty interesting to read the following two articles. FHA on track for busiest year as it backs 23% of mortgages With [...]
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FHA
View Full Album It’s been quite awhile since I had a Sunday off, and I spent part of the day getting caught up on my blog reading. I thought I’d share a few highlights from other real estate bloggers that I read. Lots of changes and helpful reminders, for both buyers and sellers. Home Loans [...]
Many times you will find a condo that’s been listed in the MLS system that indicates that it qualifies for FHA financing. However, not all condos that have this designation in the MLS have actually gone through the approval process, so it’s worth the extra step to verify through the U.S. Department of Housing and [...]
The First Time Home Buyer Tax Credit has been around for a couple of months, but I’ve not really written about it: Paul Wakefield, with Security Mortgage, emailed me his weekly update this morning, with the details and an example, so I decided it was time to share: A reminder about the HR 3221 First [...]
