Why Does Your Condo Association Need FHA Approval?

  • 40% of all new loans are FHA Insured
  • Reverse Mortgages Now Require Associations to be FHA Approved
  • Fannie Mae & Freddie Mac will accept FHA Approval for Condo loans
  • Recently Approved Mortgage deal provides FHA with an additional $1 billion in Cash for FHA insurance.
  • FHA Approved Condos for sale attract a larger buyer pool
  • Lower down payment and FICO score requirements for potential buyers of an FHA Approved Condo
  • FHA loans are assumable, meaning they can be transferred from one buyer to another
  • FHA Approval now indicates a Financially Healthy Association to all mortgage lenders
Learn More Get FHA Approved!

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