What Does FHA Insure?

On July 15, 2009, in FHA Mortgage, FHA Streamline Refinance, by Naoma Doriguzzi

What FHA Insures

FHA insures mortgages on properties that consist of detached or semi-detached single family residences, townhouses or row houses, and individual units within FHA approved condominium projects. FHA will not insure mortgages on commercial enterprises, boarding houses, hotels and motels, tourist hourses, private clubs, bed and breakfast establishments, and fraternity or sorority houses.

Second/vacation homes are not permitted.

Investment property allowed on Streamline Refinances only.

For more information on qualifying for a FHA mortgage in Virginia please contact New American Mortgage.

About the author

Naoma Doriguzzi

I have been a Mortgage Consultant since 2003 and am committed to providing the best customer service! You can reach me or my mortgage team at anytime for the latest on your loan by email, text, phone, or social networking! We specialize in FHA, VA and VHDA mortgages in Virginia. New American Mortgage was voted "Virginia Beach Mortgage Company and Best Reverse Mortgage Company in 2009"

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