Saturday, June 14, 2008

FHA Loans

We have been seeing a lot more buyers using FHA loans this year. In many cases, this is a good option for the buyer. We have heard from other professionals in the area that they are seeing a lot of FHA loans as well. The Washington Post article, FHA Loans Emerge from the Sidelines, indicates that this is a national trend. We can be thankful that housing prices here in Chandler, Gilbert, Mesa, and Tempe AZ are much lower than the prices listed in the article for the Washington DC area. If you are thinking about getting a home loan, ask your lender about FHA as an option.

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