Condo FHA

It’s just got easier to buy a condo with a low down payment. The Federal Housing Administration ( FHA ) insures nearly 20% of mortgages made by private lenders and banks.  The FHA has significantly eased condo financing regulations in order to open up homeownership to more first-time buyers.  #fha #condo #dtla Under the new rule, …

More Condos to Be Approved for 3.5% Down FHA Home Loans October 15

Condominiums are often the most affordable option for first-time home buyers, small families, and those in urban areas. Buyers looking to pick up a good deal with a low down payment will have more choices in a couple months.  #fha #condo Over recent years, it has not usually been practical to do an FHA backed …