Powered by Google

Search form

topics/condominiums

  • The following resources provide information about requirements for condominium unit mortgages, mortgage insurance, and more.

  • The following resources provide information about requirements for condominium unit mortgages, post-settlement delivery fees, and more.

  • The following resources provide information about requirements for condominium unit mortgages, underwriting condominium projects, condominium occupancy rules, eligibility of loans secured by units in condominiums, and more.

  • FHA and the GSEs have different rules for the sale of a condominium versus a stand-alone single-family home. The reason for these rules goes back to a long-held belief that condominiums are more risky than single family structures

  • In recognition of the unprecedented market challenges, FHA Has revised its condominium policies, including temporary enhancements designed to support the market. These updates become effective Dec. 7, 2009.

  • NAR has urged the FHA and the GSEs to develop policies that will give current homeowners and potential buyers of condos access to more flexible and affordable financing opportunities and a wider choice of approved condo developments.

  • The following is a summary of an NAR webinar about issues related to the difficulties with condo financing, especially in resort and second home real estate markets.