Cty TC bưu điện - Hỗ trợ Tiêu dùng 4

Cty TC bưu điện - Hỗ trợ Tiêu dùng 4 We are based in the Pacific NW and provide FHA condo and re-certification services nationally for FH

We complete a review of the developments governing documents, financial statements, and other required paperwork in conjunction with HUD guidelines to make a determination regarding the potential for FHA approval. Upon the initial review of eligibility, we handle the entire application process to completion, working with HUD and the association or management company to help provide the most timely approval possible.

12/21/2013

FHA CONDO APPROVAL - INVESTOR OWNERSHIP REQUIREMENTS

FHA Condo Approval – A unit that is occupied as a principal residence is not considered as an investment property.

For all existing or non-gut rehabilitation projects, any single or multiple owner entity investor may own up to 50 percent of the total units at the time of project approval if at least 50 percent of the total units in the project have been conveyed or are under bona fide contract for purchase to owner-occupant principal residence purchasers.

Unoccupied and unsold units owned by a builder/developer are not considered as investor owned and subject to the requirements unless the unit is currently rented or has previously been occupied.

Today, an entire condominium must apply to HUD and be granted FHA approval before a buyer can purchase a unit with a FHA loan or before an existing owner can refinance into a FHA loan, including reverse mortgages.

Address

Seattle, WA
98109

Telephone

+12067746780

Website

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