If you’re considering buying or selling a condominium right now, there are some important new changes you need to be aware of. Recently, Fannie Mae and Freddie Mac updated their condominium financing guidelines again, and these changes will directly affect whether a condo can qualify for traditional ... » Learn More about Thinking About Buying or Selling a Condo? New Financing Rules Could Impact You
Condo Financing
FHA Makes it Easier to Get Loans on Condos – Including Reverse Mortgages
It’s been bantered around for years, finally the Federal Housing Administration announced long awaited changes to the guidelines to approving condominiums for FHA loans. This will help in several areas. FHA loans allow for low down payments, and easier borrower qualifying guidelines than ... » Learn More about FHA Makes it Easier to Get Loans on Condos – Including Reverse Mortgages