· Condo not approved for FHA- are there other options for financing? Asked by Tasha Stewart, 60653 Tue Jun 23, 2009. Property is not on the FHA approval list nor did it past spot check approval.
FHA Approved Condos & Ownership Requirements | MoneyGeek – If the condominium is not FHA approved, the condo association may be willing to go through the FHA-approval process. Gaining FHA approval would benefit condo owners by opening up the pool of potential buyers to a wider market. It would also give owners who want to refinance another loan option.
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