basic requirements: FHA Condo Approvals – The Basics - 10/09/13 11:05 PM
FHA Condo Approvals – The Basics
Following a post from earlier this week, I was asked about the basics for FHA condo project approvals.  Last month, I attended a training administered by HUD on this very topic.  The training lasted all day and the information was considered “the basics” so please excuse my lack of details here.
The guidelines for FHA condo project approval can be found in the attachment to Mortgagee Letter 11-22 called the Condominium Project Approval and Processing Guide, or the “Guide” for short.  Some of these guidelines were updated via Mortgagee Letter 12-18.
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