Condo Questions - FHA re-certification how to

Updated: 12/12/2017
Article #: 9


 
In the condo section of the coop there is a document that discussed FHA re-certification.   Until the condo project applies for & receives re-certified approval from FHA (usually takes approx 60 days), the brrw would not be able to close with FHA financing.  FNMA & FHLMC allow for spot approval of condo's so that may be an alternative option such as maybe a homeready or homepossible product.

 






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