Category Archives: FHA

Got FHA?

FHANot every condominium board is convinced it should pursue FHA certification. Proceed cautiously. It's not that condominium board president Andrew Hayes is the biggest supporter of government-backed home loan programs. He'd rather not have to deal with them. But it's a matter of business. That's why there was little discussion when...
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FHA And New Owner Condominium Financing

hudimgPrior to 2005, few condominium boards paid much attention to FHA financing. At the time, the FHA was only a small fraction of condominium loans (about 5%) and FHA buyers, due to smaller down payment requirements, were considered less committed to their purchased units....

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