FHA approval matters for another reason as well. Even if your buyer has an infinite amount of income, it will likely not fetch as high of a value as those that do if your condo complex does not meet FHA requirements. The reasons for this are straightforward. For the most part, FHA dema...
FHA Condo Approval Guideline Summary and Comparison MatrixCondo ApprovalGuide Section
ReadySetLoan is located in Connecticut and facilitates FHA and VA condominium project approvals for their clients. Over the past 5 years, Neil Caron, Eric Boucher and staff have successfully assisted hundreds of associations with the FHA and VA condo approval processes with a 99% success rate. O...
Project Support Services assists in FHA and VA condo approvals nationwide. To learn more about our services, call us; we ensure a smooth process for you.
See whyFHA condo approvalis vital for both a buyer and seller. It’s important to note that mortgage rates are sometimes slightly higher than home loans. Rates can be higher because there is more risk for mortgage lenders. They Cover Maintenance ...
Is your condo HUD Approved? Click Here to find out. Why condominium associations should become HUD/FHA condo approved - For some people there’s been a stigma related with HUD and that is no longer the case – people buying in your price point are buying
Before even beginning the hunt for that perfect co-op, the prospective buyer should be familiar with all the possible ways one's application might be rejected. That familiarity will enable one to focus on the appropriate buildings as well as to make the necessary adjustments so that rejection ...
Should Condo Owners Press Their Boards to Seek FHA Approval?
Byline: Brian Collins WASHINGTON -- The Federal Housing Administration issued a proposal...Collins, Brian
FHA Old/New Condo Comparison Chart30 %>30 - 35%>35 - 40%>40 - 45%>45 - 50%Condo ApprovalGuide Section