Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Not all Condo's are FHA/VA approved. New FHA Limits equal even less. Why?
Be aware NOT all condominiums , townhouse and PUD complexes are FHA/VA approved for financing. When you have a pre approved buyer with either FHA or VA financing be sure to check the facility they are shopping is approved. Approved HUD Condo List ____________________________________________________________________________________________ Especially now with the new FHA loan limits more complexes will NOT yet be HUD approved. Be informed, know the "spot loan approval" process Spot Loan Approval Time is money$ ... more
__________________________________________________ Are you on The Rain? Grow Your Network!
|