Posted by Dean Does anyone know of a way to tell if a loan is an FHA loan. Is there maybe something unique about them like maybe they're always the same interest rate? any help would be greatly apreciated. Thanks, Dean.
on 11/22/2003, 2:13 am
63.189.0.54
I am interested in assuming loans on properties scheduled for forclosure. I have found a really good listing of scheduled forclosures here in the colorado springs area. The problem that I am running into is that the only loans I know of that are assumable are FHA's and some VA's. This would be fine except the FHA doesn't actually loan the money, other banks do. This means that when I look at these scheduled forclosures I can't tell if they are FHA loans.
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