FHA-approved Condos in Hunterdon County

If your plans for 2015 include purchasing a condo or townhouse with an FHA mortgage, you’ll need to pay attention to more than just saving for the 3% downpayment.  Before you start visiting different properties, be sure to confirm that a property that interests you is in a community currently approved for purchase with an FHA mortgage.  The […]

FHA Loan Changes

Buying a home with an FHA loan can be a great way to get into a house with a very low downpayment.  If this is something you’re considering, you should know that some of the costs of FHA loans are going to be changing (they will affect loans with FHA case numbers assigned after April […]

In 2012, You CAN “Flip” a Property with an FHA Purchase Money Mortgage!

Federal Housing Administration (FHA) guidelines do not permit a buyer to purchase a home with an FHA-insured mortgage if the home being purchased has been owned by the seller for less than 90 days. However, the FHA a extended it’s temporary waiver of this “anti-flipping” regulation through December 31, 2012 while keeping all other terms […]