I am writing this week to remind you that the FHA also does condo loans.  Advertising that your condo listing is FHA Approved is a terrific selling point-especially in the current mortgage market.  If you have a condo listing and aren't sure if it is FHA Approved, you can go on the HUD website at http://www.hud.gov/ or BETTER yet call me and I'll look it up for you.    Conversely,if your buyer is looking for a condo, do them a favor and find out if the ones they are looking at are FHA Approved.  Since the mortgage meltdown, fewer buyers have the ability to gain loan approval with the constant reduction of loan products available so remember FHA is a super option.  FHA loans are a lot less costly and FHA loans are no longer difficult!
 

4 Comments on FHA Condo Loans

NOV
29
2007
Great reminder. Thank you for that. My last client got into a new home thanks to an FHA loan. Without FHA, she'd still be a renter.
5:12pm • #1
1 Featured Post

Thanks so much for the tip!

5:13pm • #2
i agee...fha is a great product and i have been pushing it for years. condo, multi-family, sfd...it works great.
5:43pm • #3
JAN
05
2008
Great item to add to my checklist for condo buyers. Thanks.
5:19pm • #4

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Tiffany Hentrup

Austin, TX

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KEY Mortgage

Address: 925 South Capital of TX Hwy, #B-210, Austin, TX, 78746

Office Phone: (512) 732-2882

Cell Phone: (512) 789-8778

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