FHA condo lookup

FHA condo approvalCondominiums that are "approved" by the Federal Housing Administration are eligible for an FHA home loan. The FHA provides an easy to use condo lookup tool that lists the FHA approved condos. If the condo development is not on the approved list or the approval has expired, then the project will need to be approved or re-certified before an FHA loan can be obtained.

In November of 2015, the FHA announced a temporary rule making it easier to get a condo project added to the approved list for an FHA mortgage loan. The new guidelines are not permanent and run for one year.

The FHA spot approval was eliminated in 2010. If the condo project is not on the FHA approved list, the project must go through the approval process before a home buyer or homeowner can obtain an FHA mortgage. Condominium projects must be certified every 2 years.

If you are seeking a spot approval or a development approval, you can either read a mountain of regulations and work with the FHA staff to obtain approval or use FhaReview to handle the paperwork.