FHA Approved Condominiums

FHA Approved CondominiumsAn FHA approved condominium is a property that can be purchased using FHA loans which are loans that are insured by the Federal Housing Administration. When buying a condo with an FHA loan knowing if a community is FHA-approved is important.

Eligible projects are those that have been declared and exist in full compliance with applicable state law requirements of the jurisdiction in which the condominium project is located, including good standing with the state, and with all other applicable laws and regulations.

The U.S. Department of Housing and Urban Development offers a webpage where you can search for FHA-approved condominium projects by location, name, or status. Search for FHA Approved Communities

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