FHA Approved Condos Washington,DC
Having a hard time finding those condominiums that are FHA approved? We feel ya! Condo boards don't always do a good job keeping these from expiring. Why? Time and money. The real money should be looked at when you reduce your audience by NOT keeping up with the FHA approval for the building.
Although it is possible for the lender to get the building approved, it takes some time. Time a seller may not want to wait for when being faced with multiple offers. Even if your offer is the highest bid, your financing could be the deal killer.
The easiest way to avoid this situation is to look for buildings that are approved. As of this posting, we have pulled current (and active) condominiums that are approved. Keep in mind that it is common for some exceptions within a building or project. Use this tool as a broad look and reach out to us or your lender if you think there would be some stipulations to the rule.
Use any lender you would like. We have had great experiences with the lenders below!