FHA Project Approval Facilitation
Did you know that over 80% of first time homebuyers are using FHA loans to purchase their homes? This means more than ever it is essential for your condominium community HOA to be FHA-approved to maintain maximum marketability. Simply stated, if your HOA does not meet HUD approval, potential buyers will not have access to FHA loans and thus will likely purchase elsewhere.
At Community Association Management, we can take the confusion out of the HUD-approval process. The approval ratio is currently less than 50% nationwide. Much of this is due to incorrect document submission or inadequate process knowledge. Put the process in our hands and we’ll take care of the rest.