The New FHA Loan Condo Approval Process

The New FHA Loan Condo Approval Process
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. On the show today, Bruce will tell you what that process is.
Share on facebook
Facebook
Share on twitter
Twitter
Share on email
Email
Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Want The Latest Radio Shows Sent To You?

Enter your name and email below and we will send you the latest show each week.