Wednesday, October 26, 2016

FHA lowers owner-occupancy requirements for condos

When President Obama signed the “Housing Opportunity Through Modernization Act of 2016 into law a few months ago, many celebrated the law because it brought changes to the Federal Housing Administration’s rules for condominium financing, among other changes. Wednesday, the FHA delivered, lowering its owner-occupancy requirements on certain condo developments. http://www.housingwire.com/articles/38374-fha-lowers-owner-occupancy-requirements-for-condos ❤️ #share #mortgage



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