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Home / Columnists / Condo troubles make it hard to qualify for FHA loans (access required)

Condo troubles make it hard to qualify for FHA loans (access required)

DEAR BENNY: Four years ago I bought the cheapest condo in town, intending to buy a house soon. However, I learned that our complex doesn’t qualify for mortgages that Fannie Mae would repurchase, because landlords own more than half of the units in the complex. How much more does a purchaser pay for a mortgage that doesn’t ...

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