Condo Requirements for FHA Financing

Last month, we shared with you information about new FHA condo approval rules, which went into effect on October 15, 2019.  These rules allow for more condominiums to be approved for FHA mortgage loans, opening up the buyer pool to more people. We’ve gathered some...

New FHA Condo Approval Rules give Buyers more Options

Condominiums are among the most affordable option for first-time homebuyers. Yet, condo sales have been on the decline in recent years, according to the National Association of Realtors (NAR).  In August, the Federal Housing Administration (FHA) published a new...