FHA Minimum Loan Down Payments May Raise to 5 Percent
October 2, 2009 by admin · 4 Comments
Scott Garrett, a New Jersey Congressman, introduced legislation today in the US House of Representatives that would raise the minimum FHA loan down payments to 5 percent. Currently, the minimum requirement to obtain a federally backed loan is 3.5 percent. The move comes as record-high delinquencies drive the FHA’s reserve fund below 2 percent of [...]
5th & Main Condo Project loses crucial FHA backing
August 7, 2009 by admin · 6 Comments
This article entitled “5th & Main loses crucial FHA backing” appeared in the Nashville Business Journal on August the 7th, 2009. The author is Jenny Burns: “East Nashville’s 5th & Main condo project has lost its prime source of financing for its buyers - the latest snag for the troubled downtown project. The U.S. Department [...]
For a decade, Grant Hammond has been a leader in the greater Nashville real estate marketplace. In the first half of 2011, he is again the top producing Realty Executives broker in Middle TN.
