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

FHA Condominium Certifications: The Requirements and Prohibitions

The Federal Housing Administration (“FHA”) is a government-owned insurance company that insures home loans for buyers who cannot afford a

Board fined for defying both condo owners and court ruling (ON)

What happens if condominium board members fail to comply with the Condominium Act? That question was the focus of a

Florida bill could make it tougher for developers to terminate condo associations

Matching bills in the Florida Legislature would make it more difficult for developers to terminate condominium associations, a practice that