KWA

Tips for Winning FHA Approval on a New Construction Deal

Posted on 06. Jul, 2010 by KWA.

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Loans from the FHA Sec. 221(d)(4) program are very attractive when compared to loans that are being offered from the private sector. With lower rates, better terms, and 40-year amortization, the FHA Sec. 221(d)(4) loans sound like a great deal, if you can avoid being denied. Multifamily Executive lists five tips from FHA lenders on [...]

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Industry Slowed By FHA

Posted on 06. Jul, 2010 by KWA.

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An FHA slowdown has been in affect lately as HUD re-evaluates market studies in determining need for multi-family construction projects. The FHA 221(d)(4) applications have a failure rate of around 43% and HUD has been changing the underwriting standards for the 221(d)(4) loans making it harder for developers to be approved for funds. Along with [...]

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Monthly Safety Tip – Keeping a Clean Job Site

Posted on 06. Jul, 2010 by KWA.

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Good housekeeping is one of the surest ways to identify a safe workplace. You can tell how a contractor feels about safety just by taking a look around their job site. A good contractor should be cleaning their site on a regular basis, storing materials and tools in an organized fashion, keeping workplaces free from [...]