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FHA Commissioner Announces Delay of New FHA Condo Rule

By
Real Estate Agent with Keller Williams Realty, LA Harbor DRE#01311750

FHA Commissioner Announces Delay of New FHA Condo Rule ( http://ping.fm/EsjsE )

 

Maybe there is still hope for all those FHA buyers trying to get into their first home afterall!

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Robert Rauf
CMG Home Loans - Toms River, NJ

Wendy, the new rule wasnt that bad... Just a little more time consuming. It just got rid of the one time spot approval single page form.  more of a full blown approval with copious paperwork, but one that was good for 2 years and from what I have read: If you could have done it previously, you still will be able to.

Oct 14, 2009 09:33 AM