federal housing administration: FHA Preapproval and Non FHA Approved Condo Complexes
- 10/17/08 11:15 AM
FHA financing used to be only for a select few. With the recent changes to the mortgage world, FHA has become much more popular and is in fact one of the most attractive financing options currently available when buying a home. WHY? Under FHA approved loans, you can put as little as 3% down toward a home. Significantly less than the 5-10% typically needed for a conventional loan. In addition, the amount that you can negotiate a seller to put toward your closing costs is significantly higher. In cities like Seattle, FHA loans have the greatest appeal to those who are … (6 comments)
FHA financing used to be only for a select few. With the recent changes to the mortgage world, FHA has become much more popular and is in fact one of the most attractive financing options currently available when buying a home. 
;)
;)
;)
