Hi Frances,

To provide you with the Summer 2009 version to answer your question...
FHA is going very strong here in Tucson and throughout AZ along with the rest of the country as a result of the financial disarray going on these days. I'd rate it the best overall loan program in general terms. VA has a much shorter list of lenders although I've many. The critical issue in southern AZ to know these days as a Realtor is that it is virtually impossible to close a VA loan on a manufactured home when looked at in real world terms. There are still 2 or 3 lenders that say they will but will require your borrower to have up to 6 months reserves, not have a second home, take 30-45 days to underwrite then come back with conditions, etc. This specific situation has dramatically tightened up since May 09.

I hope this helps you with your clients! If I can be of service never hesitate to call me at 502-971-8291.

Dave Knudson

Eric Painter with Nova Home Loans (local based in Tucson), he knows in depth about FHA AND also is an expert in the Pima County Bond Program which gets buyers 100% financing. If you want his contact info you can go to my website and click on the blog there he's a contributer and has all his contact info.

I am a realtor in Pa as well and I us Chris Schott at USA Home Loans. All he does is FHA and He seems to know everything their is plus he will acually call you back when you leave a message(crazy right) you should try him out he rights loans in al the us states and his email is chris.schott@usahomeloans.net.(good luck)

Don't know if it's his favorite but he may direct you to someone who does it..

Ahhhh.... I know the name!! But is FHA his favorite financing?

Frances..
Wow.. your really did make a move.. Contact Brian Brady.. http://www.bbrady@worldwidecredit.com. He works in AZ and CA and is terrific. As you know he is an Active Rain blogger.