Get the free FHA APPROVED CONDOMINIUM CERTIFICATION
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FHA APPROVED CONDOMINIUM CERTIFICATION
(Per ML 201122 and Condo Project Approval and Processing Guide)
Project Legal Name:Total # of Units in Project:Subject Property Address:City/St/ZIP:FAME Loan
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What is fha approved condominium certification?
FHA approved condominium certification is a process where a condominium project is reviewed and given approval by the Federal Housing Administration to be eligible for FHA financing.
Who is required to file fha approved condominium certification?
The condominium association or management company is typically responsible for filing the FHA approved condominium certification.
How to fill out fha approved condominium certification?
The certification can typically be filled out online through the FHA's website or by submitting a paper form with the required information.
What is the purpose of fha approved condominium certification?
The purpose is to ensure that condominium projects meet certain eligibility criteria set by the FHA in order to qualify for FHA financing.
What information must be reported on fha approved condominium certification?
Information such as the condominium project's legal name, address, number of units, percentage of owner-occupied units, budget details, insurance information, and more may need to be reported.
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