HUD recently mad changes to the FHA condo approval process by allowing
FHA loan on condos in non-FHA approved condominium complexes. In order to
do these loans, the lender must get something called a “Single Unit Approval”.
There is a process to this and while it is not as difficult as getting the entire complex
approved, there are still a number of hoops we have to jump through.
In the Reverse Mortgage minute video blog today, I compare the differences between
getting the entire condo complex approved to the new SUA process.
Please feel free to contact me with any question on my cell at 303-513-2748 or
e-mail me at firstname.lastname@example.org