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Is the condo assocaite is not FHA approved there is no way that you can get a FHA loan. There's a...
2 Answers · Business & Finance · 29/02/2008
You can go to the FHA website & find out. FHA is in the process of phasing out all prior approved condos . They are having to be submitted for approval again...
3 Answers · Business & Finance · 24/06/2011
One big thing is Rental-to-owner-occupied ratio. I think for FHA it is like 40%. Above that they won t finance it. Look for another condo association, or, try a conventional loan.
2 Answers · Business & Finance · 25/08/2008
FHA didn't mess up approving the condo . That's not how it works... FHA . Your complex is either FHA approved or it isn't, but the lack of fidelity coverage...
1 Answers · Business & Finance · 05/07/2011
Yes there is a difference. FHA tacks on all kinds of rules to what does and doesn't meet their standards thus not all warrantable property is FHA approved .
1 Answers · Business & Finance · 31/08/2015
...take a very long time for and the entire site will have to be approved . It's better you find a new buyer. ...association has been turned over to the condo owners 2. Project is not subject...
4 Answers · Business & Finance · 17/07/2011
You need either a conventional loan or to be looking at houses. The odds of finding a condo that will meet FHA requirements is almost zero.
4 Answers · Business & Finance · 26/09/2009
Condos are not approved by FHA . FHA does not go...question, yes you might apply for and be approved for an FHA mortgage loan to purchase a condo , town house and some coops...
5 Answers · Business & Finance · 29/04/2018
... that they were not accepting FHA and the reason FHA didn't approve was because it didn't appraise or pass their inspection, then the buyer...
3 Answers · Business & Finance · 14/11/2010
...may be able to get you into a conventional loan program that will allow you to purchase this condo . I m not sure what other type of loan program you could get. I would be...
2 Answers · Business & Finance · 14/11/2008
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