Are you a first-time homebuyer looking for a loan?
Wednesday, 10 August 2011
by The Kevin Toll Group
Are you a first time homebuyer? Are you looking to have a loan backed by the Federal Housing Administration? Some lending companies are easing their credit standards slightly if you qualify for a loan from the FHA; which FHA loans tend to be attractive for first-time homebuyers due to the small down payment requirements making
- Published in Home Buyers
Tagged under:
Federal Housing Administration, FHA, first time homebuyer, Kevin Toll, loans, Main Line Realtor
Important FHA information for Condos
Friday, 12 November 2010
by The Kevin Toll Group
FHA announced several changes in the Condo Project Approval process. One important change was the elimination of “spot approvals” and that the entire project would have to be approved in order for a unit in that project to receive FHA financing. Another major change that initially many didn’t realize the importance that each project would
- Published in Home Buyers
Interest Rates on FHA loans keeps declining!
Tuesday, 15 June 2010
by The Kevin Toll Group
It’s Seems that everything is inflating these days, except INTEREST RATES on FHA LOANS! FHA loans are not just for hard to qualify homebuyers, but everyone should consider an FHA loan, here’s why: Today’s FHA 5/1 ARM hovers around 3.5%. This is a fixed rate for 5 years! After 5 years, the annual interest rate
- Published in Home Buyers