We’re thru the first hurdle–congress authorzied funding! But it remains to be seen, how much!
Entries tagged with “usda”.
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Wed 28 Apr 2010
USDA Funding Still Waiting for Senate/President
Posted by karen under Uncategorized
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Mon 1 Mar 2010
Handy Condo Comparison Chart Just Updated
Posted by karen under Uncategorized
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Fannie, Freddie, FHA and VA have made significant changes to the condo approval process–both for existing and new construction.
www.MortgageCurrentcy.com (see Charts/Checklist Toolbar) has created a handy comparison chart to share with your real estate agents! It will help determine what type of financing is eligible for which type of project.
Are you lending in a UDSA area? USDA says that they will accept ANY condo project that is approved by ANY agency–but the location of the condo has to qualify too.
