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Your first step to FHA approval for your condominium community is only one click away! What should you expect the approval process to be like? What are the requirements? Let us walk you through the process! Due to the economic climate of the last several years, it is now more important than ever for a community to be FHA approved. Here's why. HUD has the most current list of certified communities. Click here. To see if your community is already FHA Approved.

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Your first step to FHA approval for your condominium community is only one click away! What should you expect the approval process to be like? What are the requirements? Let us walk you through the process! Due to the economic climate of the last several years, it is now more important than ever for a community to be FHA approved. Here's why. HUD has the most current list of certified communities. Click here. To see if your community is already FHA Approved.

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1 why fha approval

2 the process

3 guidelines

4 whats required

5 faqs

6 national

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8 ource

9 premier condo solutions

10 let's get started

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Home | premiercondosolutions.com Reviews

https://premiercondosolutions.com

Your first step to FHA approval for your condominium community is only one click away! What should you expect the approval process to be like? What are the requirements? Let us walk you through the process! Due to the economic climate of the last several years, it is now more important than ever for a community to be FHA approved. Here's why. HUD has the most current list of certified communities. Click here. To see if your community is already FHA Approved.

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premiercondosolutions.com

1

Guidelines

http://www.premiercondosolutions.com/guidelines-1.html

There are many guidelines for FHA Condo Approval. Below is a general list that determine eligibility. They are from the FHA guidelines found in the US Department of Housing and Urban Development Mortgagee Letter 11-22 and subsequent update ML 2012-18. This is a short list for informational purposes. If you have specific questions, please contact us so that me may assist you. The entire community, including all units and facilities must be 100% complete. At least 50% of the community must be owner occupied.

2

About

http://www.premiercondosolutions.com/about.html

Our promise to you. Is your partner in navigating the process of FHA approval for your condominium community. We work directly with homeowners, HOA's, property managers, lenders and realtors to complete the application process and see it through to approval. We also continue to monitor the communities standing with FHA and are there to help you handle recertification when the time comes. Contact us.

3

What's Required

http://www.premiercondosolutions.com/what-s-required.html

Below are some of documents that will be required for the approval process. There may be more once we begin the process, but if so we will work with you to obtain them. Recorded Covenants, Conditions and Restrictions (CC&R's). Signed and Adopted bylaws. Articles of Incorporation filed with the state. Recorded PlatMap/Survey Indicating Legal Description. Recorded Condominium Site Plan. Evidence of Transfer of Control of HOA. Recent Balance sheet and Income statement (no older than 90 days).

4

FAQ's

http://www.premiercondosolutions.com/faq-s.html

What is fha certification? FHA Certification is used by the Department of Housing and Urban Development (HUD) to determine whether it will insure certain mortgage loans on condominium units. This process, which identifies financially stable, well managed properties, is used as a risk management tool to potentially reduce the number of foreclosures on FHA insured loans. Once certified, a community is considered "FHA Approved.". Is fha approval required? If not, why? In August 2011, HUD put new guidelines ...

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Home

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What should you expect the approval process to be like? What are the requirements? Let us walk you through the process! Your first step to FHA approval for your condominium community is only one click away! HUD has the most current list of certified communities. Click here. To see if your community is already FHA Approved. Due to the economic climate of the last several years, it is now more important than ever for a community to be FHA approved. Here's why.

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Your first step to FHA approval for your condominium community is only one click away! What should you expect the approval process to be like? What are the requirements? Let us walk you through the process! Due to the economic climate of the last several years, it is now more important than ever for a community to be FHA approved. Here's why. HUD has the most current list of certified communities. Click here. To see if your community is already FHA Approved.

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