Talk of The Villages Florida - View Single Post - Due diligence before you buy
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Old 03-26-2018, 01:51 PM
kstew43 kstew43 is offline
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Originally Posted by manaboutown View Post
The developer's new homes do not qualify for VA or FHA financing. A builder must meet certain requirements to be able to sell new home with VA and FHA loans. Apparently the developer is unwilling to meet and/or sees no need to meet those requirements. After all, as long as the developer can sell homes it builds why bother?

Warranties for Newly Built Homes | Consumer Information

FHA New Home Warranty Requirements | Home Guides | SF Gate

once again...you are so correct..... only Conventional Loans with a mandatory 20% down on new development. TV does it because they can..... I also think it has something to do with the BOND?

Leaves many new home buyers in the dust. But resales is another story.