Question by Frenchie: What programs available to keep homeowners from losing homes?
Is there government agency to refinance?
Best answer:
Answer by Landlord
The government does not have a loan department. They insure loans, viagra more about but you need to get the loan from a bank or mortgage company.
What do you think? Answer below!
Question by psuskind: How to find a real estate agent with FHA experience?
I am pre-approved for an FHA-loan. I heard that’s a mixed blessing because homes that are FHA-approved are hard to find. Is that true? Or can any home be approved for an FHA-loan? What is a good way to find a real estate agent who is experienced with FHA-loans?
Because VALoanguy mentions it: My loan won’t suffice for a house, look so my purchase definitely will be a condo.
Best answer:
Answer by Sixfeettall
You should be fine. An FHA loan doesn’t have anything to do with the type of property you buy, order as long as its within an affordability range as per your pre-approval. If you are pre-approved, just tell the agent that and show them the evidence. They will love you.
What do you think? Answer below!
Homes that meet FHA requirements are not hard to find.
If you are approved for an FHA Loan, then the property doesn’t matter, aside from the price. Each county has its own FHA Mortgage Limits. You can check out yours by visiting the below website:
https://entp.hud.gov/idapp/html/hicostlook.cfm
Most real estate agents should have some experience with FHA Loans, as they have become a very popular loan. The best thing you can do is contact your local real estate offices and ask whoever answers the phone if any agents specifically deal with FHA customers.
The only properties that need to be FHA Approved are condos. You can find a list of FHA Approved condos in your area by visiting:
https://entp.hud.gov/idapp/html/condlook.cfm
I hope this helps!