As of April 1st there will be new changes in FHA purchases that you should know about.
Many people don't realize this, but there are 5% down payment conventional loan programs available.
I have a mortgage broker on my team that specializes in these and I think you'll see that in the end it will save you lots of money.
I'm happy to point you in the right direction. It's confusing out there.
Fee simple properties like townhomes that you own the land under and detached homes are usually ok to go FHA unless there are unusual circumstances like it needs too much work and peeling old paint etc...
Your favorite Realtor can guide you down the FHA path to your new home..
If you are looking for single family home there is no such thing as FHA approved, get pre-approved with a lender for FHA loan then work with Realtor to find the property that will fit you needs. Condos are different and the whole development has to be FHA approved. Good Realtor will be able to help you search.
Please feel free to contact me if you have any questions or need help finding the right property.
Coldwell Banker Residential Brokerage
I understand the FHA is easier for you to get approved.
Many of my clients decided to go that route also.
Give me a call or email me and I can help you find just what you are looking for.
Looking forward to helping you!
Condo associations are flagged with an FHA flag in many cases in the MLS. An agent can screen those potential developments out for you.
Broker Baird & Warner
Your in my backyard there why don't you give me a call and we can arrange a meeting in my office and we can go ahead and present you all the properties that are FHA approved
Give me a call at 331.220.6323
Or email at firstname.lastname@example.org