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Salt Lake City condos harder to finance due to elimnation of spot approvals on FHA loans

Mar 2, 2010 | FHA Loans, Salt Lake City condos, Salt Lake City real estate, Utah Condos

FHA loans have been the recent choice for low down payment residential buyers offering loan programs that require just 3.5% down. Recently FHA decided that they will only lend on condos that are on the FHA approved condo list. FHA use to allow for spot approvals if...

Salt Lake City Condos: Which SLC Condos are on the FHA Approved Condo list and why is this so important?

Dec 11, 2009 | FHA Loans, Salt Lake City condos, Salt Lake City real estate, Utah Condos

Because of FHA we still have low down payment options, 3.5% down, for the purchase of owner occupied homes and condos in Salt Lake City and across the nation. There has always been a list of condominium projects that were FHA approved and if the condo you wanted to...

Salt Lake City condos: New FHA Financing requirements for condos go into affect November 2, 2009.

Oct 6, 2009 | FHA Loans, Salt Lake City condos, Salt Lake City real estate, Salt Lake County homes and condos, Utah Homes

FHA has delayed the changes to the requirements for financing condos out to November 2, 2009. The date was October 1, 2009. This will still likely have a negative effect on the value of Salt Lake City Condos, but some condo projects will be effected more than others....

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FHA Loans

Salt Lake City condos harder to finance due to elimnation of spot approvals on FHA loans

Salt Lake City Condos: Which SLC Condos are on the FHA Approved Condo list and why is this so important?

Salt Lake City condos: New FHA Financing requirements for condos go into affect November 2, 2009.

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Popular Posts

3rd Quarter 2024 Results for Salt Lake County are in!

Working with Your Realtor: How to Communicate Your Must-Haves and Deal Breakers

Family-Friendly Home Buying: Key Considerations for Growing Families

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