FHA Update for Condominium Associations and Unit Owners Nicholas J. Meinert, Esq.
HUD has issued new FHA Condominium Approval Rules that will become effective for all applications filed on or after October 15, 2019. Previously, each condominium association was required to be FHA certified, before any unit could be purchased or refinanced using an FHA insured mortgage. As of October 15th, owners within condominium associations will be […]
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