FHA Approval for Lakeside Condos in Sun Lakes Country Club
By Deborah Nance, Southern California , Reverse Mortgage Specialist
(Orange County, Corona, Riverside, Los Angeles)
With the help of the Lakeside Community Association Board of Directors and the property managers at PCM and my team here at work, I was able to assist in securing FHA approval for your Condos. We are still working on Lakeside II and Fairway Villas. The FHA status improves not only your mortgage options, but also your home's marketability. Here are some key features of FHA loans. No income or credit for senior homeowners at least 62 ears of age who are obtaining a reverse mortgage.* Low fixed and adjustable interest rates Down-payments as low as 3.5% Gift for down[payment and closing costs allowed FHA-regulated closing costs Seller can credit up to 6% of sales priced towards buyers costs FHA will allow a home purchase two years after a Bankruptcy. FHA will allow a home purchase three...
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