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FHA may loosen limits on condo mortgages
May 21st, 2012 4:42 PM

Thousands of condominium owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its controversial condominium rules that have rendered large numbers of units ineligible for the agency's low-down-payment insured mortgages.

http://www.latimes.com/business/realestate/la-fi-harney-20120520,0,7325162.story


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Posted by Teresa Molina on May 21st, 2012 4:42 PMPost a Comment

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