Great news for first time home buyers! The Federal Housing Administration (FHA) recently published new guidelines under its condominium approval process intended to increase affordable housing options for first-time and low- to moderate-income home buyers.
What does this mean? More developments should be able to qualify for the FHA program further enabling First Time Home Buyers to take full advantage of all the great benefits that the FHA program has to offer. For more details give us a call at (619) 726-5365 or check out the link below to the HUD release.
Link to HUD release: http://goo.gl/ybjccf