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November 14, 2019 @ 11:00 am - 12:00 pm
MoneyHouse US – Understanding Condo Hotspots
Recent changes announced by HUD to Condo guidelines and the Lender’s ability to seek approval of a single unit condo under special eligibility guidelines has created a boost to market share and volume for many MLO’s.
The new condo guidelines are greatly impacting senior American borrowers providing new opportunities for access to Reverse Mortgage (HECM) programs and traditional Forward FHA loan products as well.
Join Ralph Rosynek, a seasoned HECM DE Underwriter and SVP of The Money House, Inc. (a Ginnie Mae MBS and HMBS Issuer) with Chris Munson, Moneyhouse VP of National Sales and Marketing for an informative discussion of new guidelines and procedures related to individual condo approvals – it’s not the old spot condo process!