Fernando
Elite Member
- Joined
- Nov 7, 2016
- Professional Status
- Certified Residential Appraiser
- State
- California
I always considered FHA as last resort for lower income class. Few FHA loans in greater Bay Area as few low income class people can afford to buy.FHA was for the lower income class with their issues. When i started selling r.e. it was all conventional. Then during the pres carter financial crisis it turned around and became mostly FHA in this big city.
Then wall street came in with no docs and mixing c paper with a paper loans, but selling it like it was only a paper loans.