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24 Nov 2016, 10:00 pm
In a recent announcement, the Federal Housing Administration (FHA) continued a trend of easing the requirements for condominiums to be eligible for FHA financing. [read post]
8 Mar 2010, 1:34 pm
For anyone who was counting on getting FHA help with lining up a home mortgage -- via the FHA loan program, in which borrowers who present higher risks than others, most likely due to low credit scores, may qualify for a loan backed by the FHA -- that plan is starting to look a little more tenuous. [read post]
12 Jul 2021, 12:20 am by Roger Stelk
FHA 203k loan has similar basic requirements to other FHA mortgages. [read post]
16 Aug 2019, 5:29 am by Jim Slaughter
In addition to changes to the condominium project approval policy, the new policy provides a “single-unit approval process” for individual condominium units to be eligible for FHA mortgage insurance, even if the condominium project is not FHA approved. [read post]
26 Oct 2012, 7:06 am by Mike Inman
 FHA modified the Certification so that the signer no longer certifies that they will advise FHA of any changes in circumstances that would disqualify the project after approval. [read post]
16 Aug 2019, 5:29 am by Jim Slaughter
Here are a few more specifics as to changes to FHA’s Single Family Handbook: Single-Unit Approval … Continue reading → The post FHA Issues New Condominium Approval Rules appeared first on Black Slaughter Black. [read post]
1 Aug 2016, 7:50 am by Mark K. Payne
H.R. 3700 reforms the process used by FHA to determine if condominium unit owners qualify for a mortgage with FHA insurance. [read post]
25 Sep 2010, 9:06 pm by Ryan McCabe
    Condominium projects must be certified by the Federal Housing Association (FHA) to be eligible for mortgages backed by the FHA. [read post]
25 Aug 2011, 6:50 am
The Federal Housing Administration (FHA) provides mortgage insurance on loans made by FHA-approved lenders throughout the United States. [read post]
19 Jun 2018, 12:52 pm by westadmin
FHA loans are government-backed mortgages, insured by the Federal Housing Administration (FHA). [read post]
16 Aug 2019, 5:29 am by Jim Slaughter
In addition to changes to the condominium project approval policy, the new policy provides a “single-unit approval process” for individual condominium units to be eligible for FHA mortgage insurance, even if the condominium project is not FHA approved. [read post]
5 May 2011, 4:30 am by propertyprof
Times reports that although FHA has raised some fees, it still offers homebuyers many advantages over its private-sector rivals: The FHA . . . continues to offer much higher and more flexible maximum debt-to-income ratios,... [read post]
  Will the purchase price be low enough to avoid the applicable FHA loan limit? [read post]
2 Jun 2014, 10:08 am by HS_admin
FHA certification and leasing has long been a thorn in condominium communities’ sides. [read post]
28 Aug 2009, 4:32 pm by Kevin L. Britt
Potential buyers of units at most condominiums will soon have no access to FHA loans unless boards take action to secure and maintain FHA approval for their condominiums.The FHA approval process typically takes a few months to complete. [read post]
20 Nov 2009, 6:25 am by Amy Bray
With the recent changes in FHA requirements regarding condominium approvals (see prior discussions from our archives), it may be in the best interests of condominium associations to consider taking the steps to ensure that their condominium is approved by FHA. [read post]