I have been having a heck of a time over the last 10 days or so trying to find a Sacramento area condo that is located in a community has been approved for VA financing. My client can spend up to $150k, and is looking for a newer construction condo with a garage. Should be simple, right? No. While an MLS search yields practically 100 matches, there are only 2 units that are VA approved...those units are in areas where my client is not interested in living (Elk Grove and Fair Oaks).

It turns out that there are only 35 condo communities that are approved in ALL of Sacramento County. In order to get VA approval, the community's CC&R's (covenants, conditions & restrictions) documents and HOA (home owner association) documents must be reviewed and approved.

In the past, VA offered a "spot approval" for unapproved units...they have pulled the plug on that.

Frustrating.  Any ideas?  My clients wants to live in Natomas.