More SoMa San Francisco New Construction Condos You Can Buy with Low Down Payment!
The word is out: FHA home loans are da bomb. The problem is that they just don’t work for all condominiums. The condo has to be on the FHA pre-approved list or be eligible for “spot-approval.”
The max loan amount is $729,750 for a San Francisco real estate purchase. It’s pretty simple for single family homes as long as you know the drill (or your agent, like us, and your mortgage broker do). More info on FHA condo buying in San Francisco.
We are excited to report that another new construction building is now approved for FHA home loans with 10% down payment: 829 Folsom Street @ 4th. Read the rest of this entry »
