Condo-HOA Blog - Or Condominiums
FHA Condominium Certification Changes Pushed to December
FHA/HUD's revised condominium certification regulations originally slated to take effect on October 1, 2009 and pushed back to November 2nd, are now scheduled to be implemented on December 7, 2009. read more
Major HUD / FHA Condo Lending Changes Effective October 1st
Under revised guidelines effective October 1, 2009, the FHA is implementing a new approval process for condominiums to be eligible for FHA / HUD financing. read more
Rental Caps and Hardship Exceptions
Exploring rental ceilings. read more
Update on FHA Approved Condominiums
The FHA approval process for condominiums has become increasingly important in today's economic climate. With most of the "portfolio," or "non-conforming" mortgage programs discontinued (and transactions picking up, if ever so slightly), FHA underwritten financing has become increasingly attractive--and may be a purchaser's only option. read more