Midtown’s first FHA-Eligible Luxury Condo Hits Market
The Perrie, a new residential building in Turtle Bay, is the first luxury condominium complex in Midtown to meet the requirements for FHA financing — an unconventional move for Manhattan condos. FHA loans are designed for homebuyers who have imperfect credit, can’t afford a 20 percent down payment, or both. That’s not your typical Manhattan buyer.
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