Its Important For Your Condominium Community To Be Hudfha Approved

The Feds changed the game. You now need to be HUD and FHA approved before your condominium community can offer FHA loans to your buyers. Once your complex is approved you must be recertified every 2 years. If your condo community is not HUD/FHA approved you are missing out on a lot of buyers. For people who can’t qualify for conventional loans the FHA loan program is the answer. According to DQ News in April 2011 – 33.4% of the purchase mortgages used in 20 of the largest metro areas were FHA-Insured and the November 2010 Realtors Confidence Index reported

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