How to look up if a Condominium is FHA approved!
Hud.gov allows users to search for FHA-approved Condominiums.
According to Hud.gov:
"The Federal Housing Administration (FHA) - which is part of HUD - insures the loan, so your lender can offer you a better deal."
FHA Loans allow borrowers with at least a 580 FICO score to put down as low as 3.5%.
"The Condominiums page allows users to search for FHA-approved condominium projects by location, name, or status."
If you want to find out if the condominium you are interested in is FHA approved click the link below.
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