Posts

Showing posts from June, 2011

FHA approved complex?

When purchasing a condo/ townhouse with an FHA loan, an approved complex is required. Your mortgage broker or direct lender can offer this service for free. This search is run through the HUD website and runs from 8am-9pm Eastern time. https://entp.hud.gov/idapp/html/condlook.cfm If you want to be proactive: Step 1: Approval method should be HRAP / DELRAP Step 2: Enter state Step 3: Enter condo name if known Step 4: Enter zip code Step 5: Search type is BOTH You will need to know the name of the HOA /complex. Unfortunately this is not organized by address. The complex should be approved up until the date you close escrow. Call me with any questions! 818-326-0945