How To Get A Condo

Read "How to buy a condo" by HSH.com – FHA condominiums. fha condominium approvals are more straightforward. You can look up a condo’s approval status on HUD.gov. Projects that meet FHA standards can be submitted for approval directly to the FHA, or they can be approved by "Direct Endorsement" FHA lenders which have been granted the authority to make that determination.

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PDF CONDOMINIUM PROJECT APPROVAL and PROCESSING GUIDE – The Condominium Project Approval and Processing Guide (Guide) is designed to provide the Federal Housing administration (fha) baseline condominium project approval and processing requirements. The contents of this Guide are applicable for all condominium project approvals where a single unit will be insured under Section 203(b)

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Buying a Condo: Everything You Need to Know | LendingTree – A condo is a unique style of home – a unit in a multi-owner property governed by an condominium association. Learn what to know before buying a condo.

How to get an Emotional Support Animal into a Condo. – All you can do is try – get the doctor to write a detailed letter as to why you need the pet and the condo should accept this. If not, they would be violating the law for service animals. This is one of the biggest reasons I would never buy a condo – you are buying a "house" where you are told what you can or can’t have as a pet.

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Condo Loans Easier To Get Now – Bankrate.com – Condo loans are getting easier to get now that mortgage giants fannie mae and Freddie Mac have eased some of the requirements. Find out what’s changed for condo buyers.

How Do Discount Points Work VA Loan Discount Points | VALoans.com – Sometimes the borrower may choose the option to buy discount points in order to lower the overall interest rate. How do these discount points work? A discount point is equal to 1 percent of the loan amount. On a $200,000 loan, one discount point would cost $2,000.Fnma Debt To Income Ratio What is a debt-to-income ratio? Why is the 43% debt-to-income. – The 43 percent debt-to-income ratio is important because, in most cases, that is the highest ratio a borrower can have and still get a Qualified Mortgage. There are some exceptions. For instance, a small creditor must consider your debt-to-income ratio, but is allowed to offer a Qualified Mortgage with a debt-to-income ratio higher than 43 percent.

Drywall turns to wet wall: Why and how 37 units flooded in West Palm’s Whitney apartments – WEST PALM BEACH – A 12-year-old downtown condo once gutted to replace Chinese drywall. If a sprinkler puts out 75 gallons a minute and it takes 10 minutes to get it turned off, that’s 750 gallons.

Condo vs. House: Which to Buy and Why? | The Truth About Realty. – Let's explore condo and house differences to get a better overall picture.. The first huge advantage to buying a condo is that it's generally going to be cheaper.