How to Find and Buy an FHA-Approved Condo
***Stay encouraged– FHA offers do get accepted! … You’re getting a loan with only 3 1/2% down and that’s terrific….If it falls under the 90-day FHA anti-flip rule, you will not be able to even write an FHA offer until the 91st day after the investor closed escrow.
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How to Find and Buy an FHA-Approved Condo
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Tags:
anti-flip-rule,
falls-under,
FHA,
FHA,
FHA Loan Limits,
FHA Loan Limits,
get-accepted,
investor,
know-the-fha,
maximum,
nearly-doubled,
the-90-day,
the-investor,
the-maximum,
until-the-91st,
writer-fails
Tags:
anti-flip-rule,
falls-under,
FHA,
FHA Loan Limits,
get-accepted,
investor,
know-the-fha,
maximum,
nearly-doubled,
the-90-day,
the-investor,
the-maximum,
until-the-91st,
writer-fails
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A mortgage pre-approval can save time and effort in your home search, and tells others that you are ready and able to buy a home. The following is a list of other home financing tips: Need flexibility on credit issues? ... Buying a condo with an FHA mortgage? A condominium project must be FHA approved in order to get an FHA loan. If the project is not approved, the FHA spot loan program is designed to provide financing for an individual unit. ...