fha loan

FHA Loan Buying a Condo in Miami

Guest Mortgage Expert Yousif Mohamed, Loan Officer at Movement Mortgage hosted by Bernie on IG Live #MortgageMonday

An FHA loan is a federally-insured mortgage issued by a qualified lender. The program is chosen by many first time home buyers as well as favorable to those with lower tier credit scores. FHA-approved condominium projects in Miami are few.

5 Things You Need to Know Buying a Condo in Miami

Guest Realtor, Bernie, on Dec 17th #MortgageMonday hosted by Yousif Mohamed, Loan Officer at Movement Mortgage

In the condo buying process in Miami, a real estate professional is the starting point yet it is also important in the initial stage to consult a mortgage lender. Source of funds should be in place before viewing properties. If not buying cash, then financing is needed; knowing below adjusts expectations and smooths the process.