What Does a Recent Change in the Lending World Mean for You?

What’s been going on in the world of lending? Well, a recent change has just opened up a whole new pool of buyers on the market. Here’s what that means for you.

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Today I want to bring you a few updates from the world of lending.

In Santa Clarita, we’re starting to see condos and townhomes with new FHA approval. Properties along these lines that weren’t previously approved are now a great opportunity for sellers. If you’re sitting on one of these properties, know that a whole pool of FHA buyers has just opened up to you.

For one example, a condo complex in the heart of Valencia proper called Sienna Villas has not been FHA approved in the past and now is. There are many other properties this applies to, as well.

Ultimately, this change is good news for buyers and sellers alike. The FHA loan is a great option for buyers, so that means there will be a lot of buyers out there making use of this program. As you know, more buyers means more competition. Nevertheless, buyers working with the right agent can absolutely find great deals.

Working with quality professionals in general will make a big difference in your experience no matter your specific real estate needs or circumstances. I’ve heard far too often from clients who were unhappy with their experiences working with someone.
We can help you lay out a game plan for your real estate future.
That’s exactly why my team and I are happy to offer recommendations of professionals within our network. We’d be happy to help you meet the right professionals before you work with them.

We offer these services to you because we know that the market can be a difficult place to navigate. If you’re thinking of making a move, let us connect you with some of our world-class lenders.

Even if you’ve been told “no” in the past, our lenders will work with you to figure out your options. We can help you lay out a game plan for your real estate future. Even if the plan is to keep your current home, we can still help.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.