Free HUD FHA Condo Approval ServiceIf you own a condominium you must first check its "condo approval status" for HUD FHA loans if you want to get a reverse mortgage or HECM loan on it. INSIDER TIP! Many condos or condominium projects lost their HUD approval at the end of 2010 and must get reapproved before their owners can qualify for a reverse mortgage.
We find FHA HUD Condominium Approval can cost a borrower as much as $1,500 and take several months to complete. We also know of lenders who have facilitated an approval on a condo for free! If you would like a referral to one of these top reverse mortgage lenders please call us at 1-(800) 801-1375 Check your Condo Approval Status according to HUD FHA (Click Here) << Go to the Home Page (Click Here) |
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