FHA mortgage guidelines have changed. What does that mean for you?

Today I’m joined by Ali Ghaziani from Bay Equity, who is here to discuss what changes in the mortgage industry might mean for you, particularly if you’re using FHA loans. Ali lives in the South Bay area, but he does business all over California, including the Sacramento, Roseville, Rocklin, and El Dorado areas. He first got into the mortgage industry back in 2004, so he’s seen all the ups and downs of the market over the past 17 years.

Follow along in the video above, or else use the timestamps to navigate today’s discussion at your leisure:

0:00—Introduction

1:00—Unpacking the recent changes to FHA guidelines

1:44—The benefits of using an FHA loan

3:02—Potential downsides of using an FHA loan

3:51—Differences between FHA and conventional loans

4:31—The steps to get a buyer through the FHA pre-approval process

5:29—Ali’s predictions for interest rates in 2022

6:41—Why it’s better to buy now than wait

7:22—Wrapping things up

If you’d like to speak more with Ali about changes to the FHA guidelines or how they affect you, give him a call at (510) 604-6526 or email him at alighaziani@bayeq.com. And if you have any general real estate questions or are looking to buy a home, don’t hesitate to reach out to us at the Tom Daves Team. We’d love to be your resource.