Stephenville Association of Realtors

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H.R. 3700 was passed by the U.S. House 427-0. Despite passing with NO OBJECTIONS, the U.S. Senate has not acted on H.R. 3700.  

This legislation provides significant benefits to taxpayers, home buyers and the real estate market by:


  • Removing a burdensome and expensive FHA Condo approval process
  • Reducing FHA restrictions on the number of condos available to home buyers
  • Permanently streamlining Rural Housing Service loan processing