Tuesday, June 14, 2011

New Loan that helps with what would normally be FHA buyers!

I'm so excited!!! Thanks again to one of my favorite lenders I've got ways to help buyers even more! The FHA condo certification system is allowing many condo complexes to expire their FHA approval.

What does that mean? Means that if my buyer wants to buy in one complex and is doing an FHA loan, it may not fly. Also that my seller will have less buyers to choose from.

So, now we have a loan that is pretty dang close to FHA. Have to put down 5% instead of 3 1/2%, but heck, if you can buy what you want....I'm all over it.

Further questions? Shoot me an e-mail : Lauren@keepyourwitz.com

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