I know for a fact that I have personally seen the increase in FHA/HUD loans over the past few years; and today, over 75% of loans being written are FHA loans. One of the factors leading to the increased popularity of FHA financing is the low down payment option and low credit score requirements. But as we know, with these types of numbers, comes guidelines; and such guidelines can pose huge problems for buyers, sellers, and realtors while trying to close a transaction.
Having learned the hard way, I decided it was time to document the more popular items that we’ve encountered during transactions so that you will not have to learn the hard was as we have. CLICK HERE to print your own copy of FHA Property Qualifying Checklist. Feel free to contact me directly if you may have any questions – (425) 350-7136 or email me at email@example.com
Follow Dan’s FHA Page on Facebook – www.facebook.com/fhamortgagevalet