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FHA Single Unit Condo Approval

FHA condominiums that are "approved" by the Federal Housing Administration (FHA) are eligible for an FHA Home Loan. The FHA provides an easy to use condo lookup tool that lists the FHA approved condos. If the condo development is not on the approved list…

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The Cost of NOT Paying PMI

There can be a big cost of not paying PMI (Private Mortgage Insurance).  Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you…

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