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FHA Eases Burdensome Condo Financing Rules

September 27th, 2012 12:53 PM by Teresa Molina

WASHINGTON — Here's some encouraging news for condominium unit owners, sellers and buyers: The biggest source of funding for low-down-payment condo mortgages, the Federal Housing Administration, has revamped controversial rules that caused thousands of buildings across the country to lose their eligibility for FHA financing.

 

http://www.latimes.com/business/realestate/la-fi-harney-20120923,0,308216.story

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Posted by Teresa Molina on September 27th, 2012 12:53 PM

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