Make Condo Financing Easier: Almost 10 percent of Bay East members have taken action to make it easier to use FHA loans to purchase condominiums. However, the Senate has yet to pass H.R. 3700 which will reduce the owner-occupancy ratio to 35 percent and streamline the condo recertification process.
Please respond to the National Association of REALTORS® call for action on H.R. 3700 by clicking here.