FHA Condo approval

With the FHA change last year regarding condo’s & removing the “spot approval” option, alot of condo sellers have had a hard time selling since the conventional mortgage & Private mortgage insurance requirements on condo’s are more stringent.

If the sellers condo was FHA approved that would open up a huge market share!

This blog post has a link to a third party company that is doing FHA condo approvals. This is posted for my realtor colleagues that have been asking “how do we get more condo’s on the FHA approved list?”

Good luck!



About lizschneider66

Mortgage consultant with over 19 years experience. First time buyers, move up buyers, construction, FHA/VA, Jumbo loans, investment property purchases, & refinances- I will find the solution to financing the American dream of homeownership! Subscribe to my blog and never miss any mortgage industry news. I am Vice President of the North Coast Building Industry Association, Lorain County Association of Realtors, Working Women Connection and Womens Council of Realtors.
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