Five years ago loans insured by the F.H.A (Federal Housing Administration) were all but extinct in Southern California. Alternate loan programs were easier and faster to qualify for. If you were interested in using an F.H.A. loan to buy a house, you would soon find that the maximum loan amount for the F.H.A. was really too low to buy anything in the area anyhow.
Then, the housing market crash and subsequent banking crisis … (0 comments)
The following article was published in 6 Southern California regional newspapers on December 6th, 2009
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