Friday, June 12, 2009

FHA! FHA! FHA!

So finally, HUD has released their update for FHA financing and it is GREAT news! Condos in associations of 2 or more units will be eligible for FHA insured financing.

We will have to wait a few months for this to become active. It will cover all loans with case numbers assigned after October 1st, 2009. Stay tuned!

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