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condo

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philip

Thread Starter
Sophomore Member
Joined
Jan 29, 2002
Professional Status
Certified General Appraiser
State
California
will FHA make a loan on a refi for a condo if it is not on the approved condo list and not on the rejected list also
 

Kevin A. Spellman

Senior Member
Joined
Aug 30, 2003
Professional Status
Certified Residential Appraiser
State
Massachusetts
As long as the builder/developer does not control the budget, FHA may accept. A vote for trustees must be elected or appointed and be verified with a recording document.
 

philip

Thread Starter
Sophomore Member
Joined
Jan 29, 2002
Professional Status
Certified General Appraiser
State
California
thanks for the response
 
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