Can You Get an FHA Loan If You're Under 55 and Eyeing a Senior Community?

Welcome to another episode of the "Real Estate Jerky Daily," where we dive into the latest happenings in the real estate market and share expertise on the subtleties of financing and property trends. In today’s Market Update Friday, Ed Parcaut and Mike Kelly kick off the show with a curious FHA-related question about age restrictions in a 55-plus community that stirs up quite a conversation. The hosts also delve into some fresh economic indicators including the personal consumption expenditures for March, housing market stats, and set the stage for next week's major financial reports. Whether you're a buyer, a seller, or just a finance aficionado, join Ed and Mike as they break down complex market dynamics with the light-hearted banter you’ve come to enjoy. Plus, stay tuned for community event highlights and market predictions that could impact your investments. Don't miss out on these insights and more on today’s episode of "Ed Parcaut Show!" Answer to our question- Underwriter will find out and need clarification on who the 55+ person in the home. If there isn't somebody, loan will be denied! So don't try it.  Follow Ed on all social media outlets @EdParcaut Need more information? Please visit https://www.edparcaut.com #EdParcaut #MikeKelly #RealEstateJerky #MarketUpdate #RealEstateInvesting #FHALoans #EconomicIndicators #PropertyMarket 🏠Become a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.