Allow me to elaborate more about the current problems with condo financing in Florida. After the market crashed many years ago condos went down quicker than single family homes so Fannie Mae and all other lending types like FHA, VA etc. came in and put certain requirements as it pertains to condo financing. These requirements […]
Fannie Mae Vs FHA – What is best for you? Two of the most common types of loans are what we call FHA (Federal Housing Association) and Fannie Mae loans. FHA is the Federal Housing Administration, hence the abbreviation. FHA loans are designed for the low for borrowers who are unable to make a large […]
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