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If you would like to know if a condo is already approved, please call 888-573-4496 for assistance or use the form on this page. If The Complex Is Not Already Approved: VA approval requires a package of the HOA legal and financial documentation to be reviewed by VA Regional Counsel.
FHA loan rules for condo mortgages include an approval requirement–any condo eligible for an FHA insured mortgage must be on the official list of FHA-approved condo projects. Some readers want to know if there is a list of the FHA requirements that a condo project needs to comply with in order to be included on or added to the FHA-approved list.
If so, you probably have questions about the FHA approval process, and what it takes to get approved these days. This tutorial breaks the entire process down into five key stages. While the individual steps can (and usually do) vary from one borrower to the next, it usually goes something like this.
The FHA approval status is kept up to date on the U. S. Department of Housing and Urban Development FHA Approved Condominium website. You need to know the name of the condominium development and the.
You. a condo with FHA or VA Loan. What Should I Know When Deciding On A Loan? There are many different types of loans.
If you’re planning to purchase a condo with a VA loan like Dennis, you should know that the development has to be VA-approved. VA-eligible borrowers need to do their homework. For information about.
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· Before you contact us about getting your condo HUD/FHA approved contact the manager or HOA of your condominium community. Make sure that he/she is agreeable to your request. fha approval requires quite a lot of information and paperwork that only the management of your complex can supply so make sure they are on board.
· how do i know if my condo is fha approved? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
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