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Tuesday, March 25, 2008 11:44 AM

Not all Condominiums are FHA Approved or Approvable!

Many of you might be thinking of purchasing a condominium which fit into the FHA mold (great for 1st time buyers / priced under 440K) and need the FHA program - (down payments < 5% or 10%, marginal credit) It is very important that you find out if
Posted by Ritu Desai | 0 Comments
Thursday, March 06, 2008 1:16 PM

New FHA Loan Limits!!!!

HUD and FHA announced their new max loan limits this morning (March 6th 2008). In almost all of the Washington Metro area our new loan limit is $729,750 (up from $362,250). This is our max FHA loan limit and is good through the end of 2008 when Congress
Posted by Ritu Desai | 0 Comments
Monday, March 19, 2007 8:52 PM

FHA Comes to the Rescue Of the Credit-Challenged

With the subprime mortgage industry in free fall, where do home buyers with less-than-perfect credit turn for financing? The news reports are grim. Dozens of subprime lenders closed their doors or cut back sharply on new mortgage offerings. Lenders are
Posted by Ritu Desai | 0 Comments