Chicago's West Suburban Homes - Serving First-Time Buyers and Rent To Own Buyers

Nationwide RealtyGroup, Inc. Serving Chicagoland's West Suburban Communities

Jay Mathison, REALTOR ®
Nationwide Realty Group, Inc.
900 Ogden Ave., Suite 205
Downers Grove, IL 60515
(630) 886-3882 - Cell
(630) 636-9525 - Direct Office
Email: JayMathison@comcast.net

FHA Video - Overviews FHA Loans, Limits, Lending Requirements and Guidelines for Borrowers in 2009

Note: The video is 17:05 minutes long. We recommend watching the entire video...it's worth it. But, if you want to skip to a certain topic, please see the chart below. Simply use your pointer to slide the "Play Bar" to the appropriate time.

"May take 15 seconds to load video"

Time	Topic
0:00	What is an FHA Mortgage?
1:23	Is there a lot of Red Tape with FHA Mortgages?
2:30	Is FHA just for First-Time home buyers?
3:17	What are the Benefits to Borrowers?
3:50	How much can a Borrower obtain with an FHA Mortgage?
4:33	Can someone with Limited Credit History use FHA Products?
5:30	Does a previous Bankruptcy or Foreclosure disqualify someone?
6:19	What are the Employment & Income Requirements?
7:20	How does FHA Mortgage Insurance benefit the Borrower?
8:30	Can REALTORS use their Commissions for the Down Payment?
9:10	Are Appraisals for FHA-insured Mortgages complicated?
10:35	What happens when an appraiser identifies a Minor defect?
11:25	What restrictions does FHA impose on Closing Costs?
12:34	Does HUD have a rule Prohibiting property flipping?
13:30	What is the TOTAL Scorecard?
14:35	Where can the Borrowers cash investment come from?
15:08	Can I finance repairs to my home?
15:47	What is the role of FHA today?
16:34	Where can i get more information?

Jay B. Mathison / Licensed Illinois Realtor / Nationwide Realty Group, Inc.

900 Ogden Ave., Suite 205, Downers Grove, IL 60515 / Office # 630-636-9525 / Fax # 630-608-4365

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