loan approval: Can A Utility Pole Squash Loan Approval? - 12/05/15 02:00 AM
Working with an experienced Buyer's Agent is worth it's weight in gold. Not only are Buyer Agent services free to a Buyer, their professional services can save a buyer time and money by helping to avoid costly buying mistakes.
Last week, our office began searching for a first-time home buyer in Dallas, TX. This Client plans to use FHA financing, and is both pre-approved and eager to find her perfect home match.
FHA is more stringent than other loan types
when it comes to qualifying property condition. 
The home pictured below was advertised by a local listing broker as being compatible with FHA financing types, and the … (7 comments)

loan approval: Home Inventory Is Shrinking for FHA Buyers - 03/22/15 06:56 AM
FHA Buyers and the Realtors® who represent them are facing a shrinking pool of compatible homes to choose from. Ironically, the latest cuts stem from HUD's re-implementation of FR-4615 Prohibition of Property Flipping in HUD's Single Family Mortgage Insurance Programs, better know as the "FHA Anti-Flipping rule" or "90-day Seasoning Requirement" initially enacted in 2003.
As of January 1, 2015, Buyers who are using FHA financing once again aren't able to make offers on certain properties as soon as non-FHA financed buyers.
Originally designed to protect FHA Buyers from illegal flipping schemes and curtail mortgage fraud, the Anti-Flipping rule prevents applicants from successfully getting approved … (0 comments)