100% Down Payment Gifting now available through Prosperity Mortgage
Monday, 15 September 2014
by The Kevin Toll Group
We all know that today’s home buyers want choices in home financing, especially first time homebuyers. In the past, using 100% gift funds as a source for down payment meant buyers had to use FHA financing, they had no other choice even if they would otherwise qualify for a conventional loan. We have changed that. We
- Published in Around the Area, Home Buyers
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