FHA loans can help turn the dream of owning a condominium unit into a reality by offering a clear application process and useful online approval resources. Research the approval process for an FHA ...
The Federal Housing Administration is reportedly considering revising rules that many in the real estate industry have called overly strict and that have left many condo units ineligible for FHA’s low ...
The Federal Housing Administration this week extended its current rules regarding condominium lending as it continues to work on permanent updates. In a new mortgagee letter, the FHA implemented an ...
The Perrie, a new residential building in Turtle Bay, is the first luxury condominium complex in Midtown to meet the requirements for FHA financing — an unconventional move for Manhattan condos. FHA ...
Federal Housing Administration Commissioner David H. Stevens has clarified and updated some of the changes made recently by FHA regarding condominium approvals, new net worth requirements for ...
Back in July, President Obama signed HR3700 The Housing Opportunity Through Modernization Act of 2016. The law makes a number of changes in existing housing regulations including the methods under ...
The Federal Housing Administration is getting ready to implement new rules that could, in some cases, make it harder to get a mortgage to buy a condominium unit. The new rules were supposed to take ...
Realtors are pushing condominium boards to rethink their stance on Federal Housing Administration loans, arguing that FHA’s strict lending criteria hurts the mortgage and reverse mortgage markets, ...
Here's some encouraging news for condominium unit owners, sellers and buyers: The biggest source of funding for low-down-payment condo mortgages, the Federal Housing Administration, has revamped ...
Q: I'm buying a bank-owned condo and have signed to release all contingencies. But the FHA wants so many things signed by the HOA management company that it's taking forever! We were supposed to have ...
Is a little-publicized switch in federal mortgage policy causing huge problems for condominium sellers, buyers and home-owner association boards across the country — even depressing prices and ...