Kathy A. Torline-Nordstrom
ERA Herman Group Real Estate
Serving Colorado Springs
Colorado Springs Real Estate News -- FHA Loan changes will affect buyers and sellers Currently over 25% of home buyers use FHA loan to purchase their home in Colorado Springs For a free Buyers Guide, Email Kathy Torline at [email protected] Related Article: Financing matters! Why do I have to pay mortgage insurance? The Department of Housing and Urban Development set forth a legislative mandate in Section 202 of the National Housing Act for ensuring that FHA’s Mutual Mortgage Insurance Fund remains financially sound. As part of...Continue Reading!
FHA Loan Changes For a free Buyers Guide, Email Kathy Torline at [email protected] Related Article: Why do I have to pay mortgage insurance? Did you know that in 2009, the Federal Housing Administration (FHA) insured nearly 30% of the single-family mortgage market and that more than 50% of all first-time home buyers used FHA programs? I haven't been able to find any facts to support this, but I think number if lower for homebuyers in Colorado Springs, as many of the military population relocating...Continue Reading!
Colorado Springs Vintage Homes is happy to feature a great article by Harry Venik with Adams Mortgage, LLC For a free Buyers Guide, Email Kathy Torline at [email protected] Related Articles: Pre-Qualification or Pre-Approval, which do you need to buy a home? Will VantageScore Bring Consistency? Colorado Springs Mortgages - tips for consumers on points Marriage and Mortgages FAQ's The Advantages of FHA Loans The following are a just a few of the recent changes that have made FHA loans a more attractive option again for some...Continue Reading!