Upcoming changes to the FHA approval process

February 262010

Posted in gmac realestate | No Comments »

Mike McNamara, a home mortgage consultant with Koenig & Strey GMAC Real Estate and Wells Fargo Home Mortgage, talks to YoChicago.com about some of the changes that will take place in the FHA approval process starting Nov. 1, 2009. He also discusses some of the conventional loan options offered to buyers through Wells Fargo, including loans requiring just 5 percent down payment on new condominiums for qualified buyers.

Duration : 0:6:8


[youtube AzVjq6SZp-s]

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