The Federal Housing Administration has finally issued a long-awaited update to its condominium rules, announcing Wednesday that it’s bringing back spot approvals and taking other steps that will eliminate barriers for condo owners who want to take out a reverse mortgage. In all, the revised rule will drastically enhance the number of condo owners who have access to HECM financing. Click the headline for details.
https://karincomeaux.com/wp-content/uploads/2018/07/PremierLogo3.png 0 0 HousingWire https://karincomeaux.com/wp-content/uploads/2018/07/PremierLogo3.png HousingWire2019-08-14 17:07:002019-08-14 17:07:00FHA loosens condo eligibility requirements for reverse mortgages
Premier Realty Group
8010 W. Sahara Avenue Ste 150
Las Vegas, NV 89117