Expect the prices on condominiums to drop in the very near future.
As Fannie Mae and FHA tighten qualifying guidelines, the buyers of condos may find it near impossible to get bank financing.
It stands to reason then, that condos that are approved for Fannie Mae and FHA financing will be in high demand and very competitive.
Here are the tools and resources from the “Condominium Conundrum” webinar
Look up Approved Condominium Projects
| FHA |
FHA Approved Condominium Search |
|
| FNMA |
Fannie Mae Approved Condominium Search |
Other articles about this topic that might interest you:
- Slide Show: The Condominium Conundrum Condominiums are becoming more difficult to find financing for. This class covers changes in FHA spot approvals and challenges with...
- Qualifying for a CalSTRS 80/17 gets a little harder on December 12th, 2009 On December 12th, 2009 Fannie Mae is tightening its underwriting guidelines to make a little bit harder to qualify for...
- Five 100% Financing Loans You Should Know About Even in the challenging credit market environment of today’s real estate market there remains options for low and down...





