Tampa, November 3, 2022
Some exciting changes to FHA loans are going to make a big impact on the current market. If you have clients that had income affected in 2020 due to COVID and whose 2021 income was similar to their regular income in 2019 before COVID, FHA will use just the income from 2021 to qualify for the loan. This applies to both self-employed and W2 income.
According to Vanessa Martin, Lending Operations Manager at Graystone Lending, these changes will definitely make it easier for people to qualify for a home loan.
About Graystone Lending
Graystone Lending understands there is no “One Size Fits All” Loan Scenario. That is why we provide a detailed Loan Consultation, ensuring our clients not only get the absolute best financing available but that it is also fully aligned with their Investment Goals. In partnership with lenders throughout the nation, we provide innovative loan programs that can help you acquire both primary homes and investment property. For our Investors we also have many options that include refinance or cash-out, to help you achieve ultimate flexibility. If you are interested in a quote, please reach out to email@example.com to receive our latest rates and loan programs, and someone from our team will reach out to you. Our specialized team looks forward to helping you reach your real estate goals!
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