Check If That Condo Is FHA /VA Approved!

Real Estate Agent with Century 21 Liberty Homes RS-#62825

With the changing times in our housing market came big changes altogether for FHA and VA loan criteria. The biggest stunner was the condo/townhouse complexes that used to be FHA or VA approved; but alas no more.

Don't wait until after you get into contract to get shocked that the condo/townhouse is no longer approved by FHA or VA. Get your homework done and check before you list that property and check before you write that contract for your buyer. 

You can get lists of complexes for FHA approved condo/townhouses/homes/communities for any state at this site:  FHA approved homes and communities  and this site is for VA approved condos.

 The owner occupancy rate of 51 % is the biggest determination for the condo being approved as well as the insurance coverage.  Ask your lender if they are able to determine project eligibility, review project documentation and certify if that property is not FHA/VA approved.


Be proactive before you list a property or write a contract.

Find out more from a lender and do your homework.


Posted by



Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.


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Re-Blogged 9 times:

Re-Blogged By Re-Blogged At
  1. Debe Maxwell, CRS 06/13/2010 03:46 AM
  2. Stephanie Reynolds 06/14/2010 02:22 PM
  3. George Thoma 06/19/2010 10:00 PM
  4. Dick and Dixie Sells 06/19/2010 11:39 PM
  5. Cindy Jones 06/29/2010 03:21 PM
  6. Robert Jarvis 08/18/2010 07:48 AM
  7. Bob & Leilani Souza 06/07/2011 07:53 AM
  8. Stefan West 06/07/2011 01:17 PM
  9. Praful Thakkar 06/07/2011 03:50 PM
  10. Ed Silva 06/08/2011 12:22 AM
  11. Cheryl Ritchie 06/08/2011 02:48 PM
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Margaret Rome, Baltimore Maryland
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Thanks to Praful for the reblog...

Good idea to know up front if the condos are approved.  We used to be able to get spot approvals but that is almost impossible now.


Jun 07, 2011 04:00 PM #37
Barbara Altieri
RealtyQuest/Kinard Realty Group, Fairfield and New Haven County CT Real Estate - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

SAlly -- This is excellent info. I posted the same a few months ago and it needs to be repeated often.  We had many expirations in May.  I lucked out on the condo I am listing tomorrow.  They were NOT approved and JUST got approved last week.  Yes!!

Jun 07, 2011 04:01 PM #38
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great post Sally


Jun 07, 2011 04:22 PM #39
Rob Spinosa
Guaranteed Rate, Marin County, CA - San Anselmo, CA
Vice President of Mortgage Lending, Marin County

Thanks for the great post, Sally.  I have made an ongoing effort in my community to reach out to HOA's and property managers and work with them to obtain FHA approval or to tell them what's preventing it.  Surprisingly, there are still very many management companies with their heads in the sand.  Same for HOA boards.  Some think that an FHA approval will only permit the "wrong kind" of buyers.  WHAT??? In this environment they still wish to be exclusive? Unbelieveable.

All that said, if any Realtors in California have a listing or buyer for a condo, I can help with the FHA process if necessary.  Give me a call at 415.367.5959 or  Getting an FHA approval involves a lot of paperwork and patience, but it is worth it.

Jun 07, 2011 04:30 PM #40
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This will hurt the real estate market and there will be more short sales and foreclosures if sellers of condos will not be able to sell. Thank you for the information.

Jun 07, 2011 10:48 PM #41
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Sally, I always check to make sure the condo is on the list. You just never know. It's there one day and gone the next.

Jun 07, 2011 10:52 PM #42
David Burrows
Classic Realty - Fairfax, VA
No Pressure, Just Seriously Devoted to Real Estate

Sally, you are absolutely right! Failure to do our homework as agents can cost clients the sale of their home. Knowing what is real about Real Estate when it comes to FHA/VA Loans is of great importance.

Jun 07, 2011 11:53 PM #43
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Sally, this post has a life of it's own in looking at some of the dates. Some things just never go out of style.

The occupancy ratios of some of the condo complexes, especially in larger towns, can be a real issue. I've lost many an hour looking through town records to verify some of the ratios as some of the managing offices of the complexes are lax about their records. Finding a condo address where the tax bills get sent to a different address is always the first clue, and for some owners they could not be aware of how many of the new neighbors, especially in a large complex are tenants that just lessened their chance of getting their unit sold.

Jun 08, 2011 12:09 AM #44
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Great advice Sally.  Especially true in Florida where there are quite a few condo associations that are not approved.  (In my area the vast majority are not)

Jun 08, 2011 12:30 AM #45
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Condos are a different animal from single family houses. Marketing is a bit different, as well and getting all the financing issues covered. Nice job of high lighting some of the big issues Sally.

Jun 08, 2011 05:18 AM #46
Celeste "SALLY" Cheeseman
Century 21 Liberty Homes - Mililani, HI

Ed...I changed the link for the VA condo search yesterday (old one for condo/pud builder was shut down) and it ended up getting featured too!  Through all this I also found that PUD's do not need FHA approval...which was a good thing.

Also, with some lenders (who are savvy in this) will put in the extra work to get them approved. It takes a bit more time but a transaction can close in a matter of a couple weeks.

Jun 08, 2011 05:41 AM #47
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Sally a lot of Condo's came off of the FHA Approved Condo List at the end of May, and a bunch more will come off at the end of July, so it is very important for people to check out the link that you provided, before they assume that the Condo is still on it.

Another major change that will take place soon is that FHA will no longer do loans on more that 30% of the condo's in a complex.  FHA has started to post that percentage on the Condo Approved List website in preparation for this requirement.

Jun 08, 2011 09:21 AM #48
Donna Harris
Donna Homes, powered by JPAR - - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

This is a huge issue in my area. There are a couple of complexes where certain buildings within the complex are approved with other buildings not being approved. That's weird, but I guess they don't want issues with certain parts of the community.

Jun 08, 2011 09:33 AM #49
Malik Crichlow
GoodBuy Homes NJ Essex & Union County Real Estate specialist - Maplewood, NJ
Maplewood,SouthOrange,Union Real estate

sally, great post, i dont know how many times i had to remind myself to check properties out to see if they are approved.  

i also post if its approved or not on my listings and still get the phone call or email from agents; asking if its fha approved?

thanks for sharing!

Jun 08, 2011 12:50 PM #50
Claude Labbe
Real Living | At Home - Washington, DC
Realty for Your Busy Life

Oh, I love that FHA site... that only operates during business hours.

It just makes me laugh, it's so illogical.


Jun 08, 2011 03:23 PM #51
Celeste "SALLY" Cheeseman
Century 21 Liberty Homes - Mililani, HI

George: Great's an ongoing change.

Jun 08, 2011 06:56 PM #52
Adam Mallory
eBroker Real Estate 619-566-ADAM - San Diego, CA
Broker, ABR, e-Pro

Nice post Celeste!  I can't tell you the number of times a Buyer (doing their own public MLS searches) have asked me to show them a unit in a building that wasn't approved.  I have to tell them "there's a reason I haven't taken you to that complex"

Jun 09, 2011 05:19 AM #53
David Krichmar - Legend Lending - Sugar Land, TX

Thank you, i think the old link was no good.  and you had the information on the right link.  Thank you. 

Jul 19, 2011 07:40 AM #54
Bill Ladewig - Escondido, CA
Experience Is Your Advantage

Sally, Great Information. Like David way back in 2011, my old link was broken and yours was perfect.  To hopefully return the favor here is a link to a host of information that includes your link:

You can be sure If I run accross anyone who wants to buy in Hawaii that I will recommend you.


Bill Ladewig

Sep 13, 2013 04:35 AM #55
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

The problem with HUD website that they don't work after houses and during weekend. I usually ask my lenders to check if the community is FHA approved and try to get it from HOA( can be not easy as well).

May 25, 2014 05:25 PM #56
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