Keller Williams Greater Seattle, Ben Kakimoto, Seattle Condo Agent

Tag: Condo Mortgage

FHA Reduces Mortgage Insurance Premium – January 2017

By on January 12, 2017 in Mortgage, Real Estate with 0 Comments
FHA Reduces Mortgage Insurance Premium – January 2017

Effective January 27, 2017 FHA is reducing its mortgage insurance premium rate saving buyers hundreds of dollars annually. Though, it’ll provide a negligible benefit for Seattle condo buyers.

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Condos Becoming Elusive for FHA Buyers

By on January 28, 2012 in Feature, Mortgage, Real Estate with 2 Comments
Condos Becoming Elusive for FHA Buyers

The effect of FHA’s 2010 condo approval and recertification changes are leaving condo buyers with fewer options as associations overlook or neglect FHA certification.

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Mortgage Help Day – October 2, 2010

Mortgage Help Day – October 2, 2010

Mortgage Help Day connects homeowners facing foreclosure with their lenders and HUD-certified counselors to help remedy their situation.

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Seattle condos gain FHA approval

By on May 31, 2010 in Feature, Mortgage, Real Estate with 4 Comments
Seattle condos gain FHA approval

FHA condo approvals are on the rise. Over 60 Seattle condos gained approval this year alone…so far.

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FHA Announces New Changes

By on January 20, 2010 in Feature, Mortgage, Real Estate with 2 Comments
FHA Announces New Changes

FHA, today, proposed significant changes to its program in order to reduce its risk, which will increase costs for borrowers.

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FHA condo guideline changes

By on October 16, 2009 in Feature, Mortgage with 3 Comments
FHA condo guideline changes

Effective December 7, 2009 November 2, 2009, FHA will introduce changes to its condominium approval process and eligibility guidelines.

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Fannie Mae revises condo guidelines

By on February 12, 2009 in Feature, Mortgage, Real Estate with 42 Comments
Fannie Mae revises condo guidelines

Effective March 1, 2009, Fannie Mae is implementing condo guideline changes “in light of the current condo market and the need to mitigate risk on condo loans”. Some of these changes may affect a buyer’s ability to obtain conventional condo loans for new and established condos

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Condo investors…an endangered species?

By on January 25, 2009 in Condo News, Mortgage, Real Estate, Resources with 1 Comment

New mortgage fees and restrictions may hinder investment condo opportunities.

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