Is your buyer using a FHA mortgage loan? FHA loans are very common. They are also feared by sellers. Because they are common and concerning to homeowners, I thought a blog article on this would be helpful. Chances are your buyer will use this type of mortgage if your home sells for less than $500,000. The median sales price is $485,000 in Bergen County. This means half of the homes sold so…
Posts Tagged: HUD
FHA Mortgage Changes Take Effect Today
The FHA has made the dream of home ownership a reality for millions of people nationwide and thousands in Bergen County.