FHA debt ratios are the most flexible of all loan programs with allowable ratios over 50%. If we are able to get an Approval through an Automated Underwriting System then you are good to go. This can be done prior to selecting a home. I can help with this.
I know this is an old thread, but thought that those who responded may know whether ratios are going to be more lenient in future- perhaps up to the max allowable by Fannie without more restrictive overlays by banks...since I recently read that banks will not be forced to buy back bad loans as part of housing stimulus. Any ideas on this, including when it may happen? thx.... more
There are a number of PA homes listed for rent on www.CorporateHousingbyOwner.com - you can both look on the site and call them to speak with a property specialist who can help price your home.
This is a link to the PA Search results
Congratulations .You should talk to the broker and see if you can have another mentor. Did you interveiew more than one broker ? You should see if you can work with a top agent who is willing to train you.... more