Problem & Solution Series: FHA Property Qualifying Guidelines Checklist

The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created.

I know for a fact that I have personally seen the increase in FHA/HUD loans over the past few years; and today, over 75% of loans being written are FHA loans. One of the factors leading to the increased popularity of FHA financing is the low down payment option and low credit score requirements. But as we know, with these types of numbers, comes guidelines; and such guidelines can pose huge problems for buyers, sellers, and realtors while trying to close a transaction.

Having learned the hard way, I decided it was time to document the more popular items that we've encountered during transactions so that you will not have to learn the hard was as we have. CLICK HERE to print your own copy of FHA Property Qualifying Checklist. Feel free to contact me directly if you may have any questions - (425) 350-7136 or email me at dan.mortgageadvisor@gmail.com

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FHA Property Qualification Checklist

Seattle Magazine Honors Dan Keller As One of Seattle Area's Top Mortgage Professionals

My #1 objective when I entered this business full-time in 2007 was to ensure that my clients and their Realtors receive nothing less than an exceptional lending experience working with me and my team. It has taken a few years to iron out some wrinkles, and wrap my hands around this ever-changing business. But in 2009, things began to click, and not only did I have the time of my life funding purchase loans,but in the December 2009 Issue of Seattle Magazine, I was honored as one of the Top Mortgage Professionals in the Seattle Area. Click on the link to see the online version of what was published - Seattle Magazine "Best of 2009" -Seattle Area's Top Mortgage Professionals

It should be noted that without the tools that my broker gave me and the patience and guideance from my loan processor (who by the way is the World's Best not Seattle's Best, the World's Best loan processor), that my learning curve would have been exponentially wider... Thanks Randy and Thank you Naomi!

I look forward to another year of getting to meet many more GREAT people!
Whew-hoooo, Cheers!
Dan