New FHA Loan Rule

Posted by & filed under Buying.

The new FHA loan rule for condominiums helps first time home buyers tremendously.  Announced yesterday in a press release, the new rule takes effect on October 15th. FHA Approved Condominiums The FHA Condominium Project Approval & Processing Guide  is 95 pages long.  Requirements are strict and it’s a costly, tedious process for any condo association. … Read more »