HUD Updated the FHA Mortgage Process

Our friends at BLB Resources, the company that manages HUD listings in Washington State (amongst others), created this video update to sum up changes on the mortgagee letter. These changes mainly impact HUD owned homes.

These reflect several key changes in the FHA loan process. There are changes to the appraisals, loan-to-value requirements, and maximum mortgage amounts, amongst other areas.

Real Estate agents, in particular, really should spend some time watching this.

About Carl Setzer

I'm the website, social media, and office manager for C&K Real Estate. My career has centered on business management, and I have extensive experience at many regional companies, including Microsoft and Starbucks. I'm proud to be part of this dedicated team of professionals. More about me here on my homepage: http://www.carlsetzer.com