What is FHA as it Relates to Condominium Associations: Pros and Cons
Since 2010, the FHA has required that entire condominium associations be certified before granting FHA backed loans to home...
Since 2010, the FHA has required that entire condominium associations be certified before granting FHA backed loans to home buyers. Prior to 2010, the certification was only required for the individual unit. Condominium associations considering FHA certification must understand the FHA organization and what constitutes eligible projects. Equally important is understanding the truth regarding common FHA misconceptions.
Since 2010, the FHA has required that entire condominium associations be certified before granting FHA backed loans to home...