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Eric Rojas

"The Chicago Real Estate Local"
  • 4 Helpful Answers
  • 12 Answers
  • 10 Blog posts
Agent at Rubloff Residential Properties
Experience:
Realtor for Rubloff Residential Properties October 2007—present
Top Producing Realtor in 2008 with over $7.5M in personal sales. Internet marketing…
Realtor for Chicago Home Estates August 2005—October 2007
Top Producing new Realtor from 2005-2006 with over $5M in sales. Chicago Association of…
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Specialties:
Residential Sales and Buyer's Agency in Chicago North Side neighborhoods. Expertise in Lincoln Square, Ravenswood, Lincoln Park, Lakeview, Old Town, Near ... show more
Certifications
& Awards:
Chicago Association of Realtors Top Producer 2007
Chicago Association of Realtors Top Producer 2008
... show more
Interests:
Our family loves to walk the many neighborhoods of Chicago. I enjoy running ... show more
About:
I'm a Chicago native, a full time Realtor and blogger buying and selling real estate with my clients on the North Side of the city. My wife and I own a ... show more
Eric Rojas answered:
Hi Jeanne,
Your building may be eligible for spot approval and (for your immediate purposes), you may not need to wait for the entire building to be FHA approved. However, you may elect to start that process as an association.

If you are not sure if the building is FHA eligible, I would contact a good mortgage banker. Rubloff works with Wells Fargo quite a bit and I work with one of their mortgage bankers on FHA loans named Brian Cumpton. His contact info is at http://www.ChicagoLender.com (don't have his number in front of me at the moment).

He is an expert in both helping your immediate situation and can lead you in the right direction on getting the whole building approved. Several changes have just taken place in mortgage financing that will make many more building FHA approved... things are changing daily! - Sun Jun 28 2009, 19:27

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