Buying a home or condo with a conventional loan usually means you’ll need a 20 percent down payment, which is a hefty chunk of change. If you can’t come up with that much cash, you have another option ...
There has been a lot of chatter in recent weeks on Capitol Hill from lawmakers and housing groups pressing the Federal Housing Administration (FHA) to ease its regulations on condominium financing.
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 ...
WASHINGTON — The mortgage and real estate industries are hopeful that the Federal Housing Administration is moving more aggressively to revive its condominium loan program. The program’s scope was ...
Reporting from washington — For young first-time buyers, people with modest down-payment cash or seniors who want to tap their equity using a reverse mortgage, it’s a growing problem: They cannot use ...
Las Vegas condominium owners already reeling from huge drops in property value face a new financial threat from federal rules that drastically limit who can buy them out. Thanks to high numbers of ...
WASHINGTON – 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 ...
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 ...
WASHINGTON — Thousands of condominium owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing ...
New federal regulations could fuel condominium sales in central Ohio, especially for buyers of low-priced units. The Federal Housing Administration announced that it is vastly expanding the number of ...
The Federal Housing Administration issued new guidelines Wednesday that aim to streamline the agency’s approval process for condominium projects. The long-awaited regulations are intended to promote ...