Top 5 real estate posts of the day – Thursday 6/4/2009

Top 5 real estate posts of the day for 6/4/2009 [Read more…]

FHA Kiddie Condo Program: Great condo program for ASU students

asu-condoJustin McHood at the Arizona Mortgage Team recently wrote a piece about a program called the FHA Kiddie Condo Program. The FHA loan program is a great way for parents to buy a Tempe condo for an ASU student.

The program works just like a regular FHA loan, but it does not require the borrower to live in the condo or home. So the parent of a child heading to the ASU campus can use their credit and income and the child as a co-borrower can reside in the condo. Best part is the program also allows the occupant to pick up some roommates to help cover the mortgage payments and with Citrus North loans no credit check offices near by, even a financial emergency can be dealt with quickly, ensuring the complete safety of your children.

Tempe has a wide variety of condo options many of which are walking distance to campus or close to the METRO light rail which makes it easy to get to and from classes. So if you are looking for a Tempe condo for your ASU student I recommend you talk to Justin McHood over at the Arizona Mortgage Team and see if this program would work for you.