Tag: Mortgage Loans
Condo investors…an endangered species?
New mortgage fees and restrictions may hinder investment condo opportunities.
New mortgage fee for condo purchases
Condo loans may get a little more expensive with a new Fannie Mae fee that’ll go into effect as of April 1st.
Newly constructed FHA approved condos
A number of new condo developments have obtained FHA approval. With FHA approval, buyers can more easily obtain FHA financing for their purchase which provides a low down payment option, more lenient guidelines and higher financial ratios.
FHA Primer
With the credit crunch and constricting mortgage availability, FHA loans have recently become more appealing to buyers. Here’s an overview of FHA benefits and requirements.
