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 ...
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 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 Federal Housing Administration (FHA) announced that on January 31, the agency published “Project Approval for Single Family Condominiums,” a notice in the Federal Register seeking comment on data ...
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 ...
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 ...
The Federal Housing Administration is making it easier for first-time condo buyers, often with less than perfect credit, to get mortgages. The new condominium approval rule, which goes into effect Oct ...
Tens of thousands of condominium-unit owners around the country may not know it, but their ability to sell or refinance could be jeopardized by a rolling series of federal government deadlines. On Dec ...
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 ...
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 ...
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 ...