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المحتوى المقدم من Dave Knight. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرةً بواسطة Dave Knight أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
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How FHA Spot Approvals Help Out Condo Buyers and Sellers

 
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سلسلة مؤرشفة ("تلقيمة معطلة" status)

When? This feed was archived on January 12, 2024 07:11 (3M ago). Last successful fetch was on June 06, 2022 18:12 (2y ago)

Why? تلقيمة معطلة status. لم تتمكن خوادمنا من جلب تلقيمة بودكاست صحيحة لفترة طويلة.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 243041717 series 2359827
المحتوى المقدم من Dave Knight. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرةً بواسطة Dave Knight أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
The ability to get a spot approval for an FHA loan will help condo buyers and sellers alike. Few people know about FHA spot approvals, but it’s a resource that can open up many new options for potential condo buyers. If you own a condo or are looking to buy one, this type of approval likely affects you. The FHA loan was created for people who have bad credit or little money for a down payment. With this loan, people can purchase a house or condo for as little as 3.5% down. “As of October, we can do spot approvals for the FHA loan.” In the past, certain condo complexes were already FHA-approved, and people with FHA loans could only choose from these condos. Many condos were not FHA-approved, however, and this greatly limited the options for potential buyers. The good news is that, as of October, we can do spot approvals for the FHA loan. If you’re interested in a certain complex, you can receive a spot approval and then be able to get a loan for your home. This opens up many more options to choose from when looking for the perfect condo. This change is beneficial for sellers as well, as it frees up buyers who used to be locked into FHA-approved complexes. It increases demand and can help unsold condos find new owners. The biggest downside is that the FHA loan does have mortgage insurance tied into it. If you have any questions about mortgage insurance or would like more information about the FHA loan, feel free to reach out to us. We look forward to hearing from you soon.
  continue reading

60 حلقات

Artwork
iconمشاركة
 

سلسلة مؤرشفة ("تلقيمة معطلة" status)

When? This feed was archived on January 12, 2024 07:11 (3M ago). Last successful fetch was on June 06, 2022 18:12 (2y ago)

Why? تلقيمة معطلة status. لم تتمكن خوادمنا من جلب تلقيمة بودكاست صحيحة لفترة طويلة.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 243041717 series 2359827
المحتوى المقدم من Dave Knight. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرةً بواسطة Dave Knight أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
The ability to get a spot approval for an FHA loan will help condo buyers and sellers alike. Few people know about FHA spot approvals, but it’s a resource that can open up many new options for potential condo buyers. If you own a condo or are looking to buy one, this type of approval likely affects you. The FHA loan was created for people who have bad credit or little money for a down payment. With this loan, people can purchase a house or condo for as little as 3.5% down. “As of October, we can do spot approvals for the FHA loan.” In the past, certain condo complexes were already FHA-approved, and people with FHA loans could only choose from these condos. Many condos were not FHA-approved, however, and this greatly limited the options for potential buyers. The good news is that, as of October, we can do spot approvals for the FHA loan. If you’re interested in a certain complex, you can receive a spot approval and then be able to get a loan for your home. This opens up many more options to choose from when looking for the perfect condo. This change is beneficial for sellers as well, as it frees up buyers who used to be locked into FHA-approved complexes. It increases demand and can help unsold condos find new owners. The biggest downside is that the FHA loan does have mortgage insurance tied into it. If you have any questions about mortgage insurance or would like more information about the FHA loan, feel free to reach out to us. We look forward to hearing from you soon.
  continue reading

60 حلقات

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