Did you know that the FHA’s
recent announcement about single unit condo approvals also applies to reverse
mortgages? Now, even if your borrower’s condominium is not in an FHA-approved
project they may still qualify for FHA-backed financing, like a HECM!
Do you have a borrower looking for a HECM for their condominium?
Contact your Plaza Account Executive to learn how we can help.