Anchorage real estate market is moving ahead! We do have new financing restrictions coming up on condo's beginning October 1st. This will cause a few hiccups, As of now the restrictions are you have to have more than 75% owner occupancy( for conventional loans), be approved on the FHA and or AHFC housing list( First time homebuyers) You will still as I know now be able to sell VA. If you are going to be selling give me a call to inform you of all changes and how to get past them the best we can to get it sold. For current regulations give me a call or send me an email.

 
This post has been included in Alaska Information Anchorage County, AK Information

2 Comments on New Lending Restrictions On Condo Financing

SEP
16
149,715 Points 6 Featured Posts Outside Blog

Those ever changing lender requirements are just killing me.

Can't keep up!

12:20am • #1

I believe that currently FNMA has an add on (higher rate) for condominiums. Dont they? Fha is also requiring appraisers to report more about HOA issues.

12:24am • #2

Leave a response…



(optional)
What does the graphic say?
 
Brink-9738 Rainmaker_large

Victoria Brink

Eagle River, AK

More about me…

Keller Williams Realty Alaska Group

Address: 11905 Business Blvd STE 105, Anchorage, AK, 99503

Office Phone: (907) 351-9434

Cell Phone: (907) 351-9434

Email Me

Get the Quotes - quotes4all.net! widget and many other great free widgets at Widgetbox!



Links

Archives

RSS 2.0 Feed for this blog

Find AK real estate agents and Eagle River real estate on ActiveRain.