FHA Condo Approval Changes

FHA loans are government-insured housing loans that make it easier for people with low credit, low income or a high debt-to-income ratio to get a home loan. The Housing Opportunity through Modernization Act of 2015 is an act that suggests making changes to these FHA rules in regards to condos. Check out these three important changes.   Read the article………….


Tags assigned to this article:
condoFHAHOA

Related Articles

Water Damage Issues Create Liability for Boards Under Breach of Fiduciary Duty Theory

In Schuh v. Plaza Des Plaines Condominium Association, No. 1-13-1999 (Ill.App.Ct. July 24, 2014), an Illinois appeals court affirmed a

CCOC Submits Testimony Opposing Bill That Would Change Condo Association Liability For Tenants’ Acts (CT)

As president of the Connecticut Condo Owners Coalition [CCOC] and on behalf of our Executive and Advisory Board, we submit

HOA HOMEFRONT: Taking a look at proposed legislation

While normally one thinks of Sacramento as the source of homeowner association law, Washington D.C. is increasingly becoming involved. Multiple