FHA LOAN GUIDELINES CLARIFIED

FHA LOAN GUIDELINES CLARIFIED

Effective March 18, 2019, the Federal Housing Administration (FHA) announced that it began taking initial steps to better mitigate the increased risks in recent single-family loans. This announcement comes as a result of the decrease in average borrower credit scores … Continue reading

CONDO BUYERS FRUSTRATED IN HUNT FOR FHA MORTGAGES

This article on LoanSafe.org shared by Alex Ferreras explains how “Buying a condominium is getting trickier for anyone who wants to put down only 3.5 percent and have the government insure their mortgage.” (By Mary Ellen Podmolik, Chicago Tribune ). … Continue reading