FHA loans can help turn the dream of owning a condominium unit into a reality by offering a clear application process and useful online approval resources. Research the approval process for an FHA ...

The Perrie, a new residential building in Turtle Bay, is the first luxury condominium complex in Midtown to meet the requirements for FHA financing — an unconventional move for Manhattan condos. FHA ...

Federal Housing Administration Commissioner David H. Stevens has clarified and updated some of the changes made recently by FHA regarding condominium approvals, new net worth requirements for ...

Buying an FHA-approved condo is easier today thanks to recent changes made by the Federal Housing Administration (FHA). Borrowers can take advantage of flexible FHA qualifying guidelines to purchase a ...

The Federal Housing Administration this week extended its current rules regarding condominium lending as it continues to work on permanent updates. In a new mortgagee letter, the FHA implemented an ...

The Federal Housing Administration has finally issued a long-awaited update to its condominium rules, announcing Wednesday that it will now allow individual unit approval and is taking other steps to ...

The Federal Housing Administration is getting ready to implement new rules that could, in some cases, make it harder to get a mortgage to buy a condominium unit. The new rules were supposed to take ...

Q: I'm buying a bank-owned condo and have signed to release all contingencies. But the FHA wants so many things signed by the HOA management company that it's taking forever! We were supposed to have ...

Prior to Feb. 1, 2010, FHA allowed loans in condominium projects that were not on the HUD Approved Condominiums List. Instead of requiring that the project get HUD-approved, it would approve single ...

Q. We are senior citizens who own a condominium with no mortgage. We want to stay in our condominium, however, our savings are dwindling, and our fixed income is not keeping up with our expenses. One ...