Virtual Lunch & Learn: FHA Guidelines & Updates

FHA GUIDELINES AND UPDATES 

• Who and what is FHA
• Down payment requirement
• Credit score requirement, period after bankruptcy / foreclosure / short sale one can obtain FHA financing
• Loan limits in all counties in NJ
• Qualifying the buyers and debt to income ratios
• FHA website for approved condos
• FHA flip rules

We will also go over pros and cons of FHA versus conventional financing. But most importantly, how the realtors can leverage this information to increase their market share.

Presented by: Sheetal Sawhney of Cross Country Mortgage

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