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E-Mail 'New FHA Mortgage Rules For Condos Start October 1st' To A Friend

by Peter G. Miller
September 9th, 2009

Email a copy of 'New FHA Mortgage Rules For Condos Start October 1st' to a friend

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This entry was posted on Wednesday, September 9th, 2009 at 12:59 am and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “New FHA Mortgage Rules For Condos Start October 1st”

  1. New Homes Builders Says:

    This only affects new developments that haven’t been approved by FHA yet. If you’re buying or selling an existing condo, and the development already has an FHA case number, you should be fine. And FHA has delayed implementation of these new rules until November 2nd. It also looks like they may be considering softening some of these new requirements. Keep your fingers crossed!

  2. Robin Says:

    Hi. I am a condo owner and have recently applied to refinace, but was told that because the entire condo phase was not complete I couldn’t. My part of the many phases is complete and I have excellent credit, what else can I do? It sucks that people that have good credit and want to refinance are the ones that are being screwed!!
    PLEASE HELP!!!
    Thank you VERY Much in advance

  3. john Says:

    I own a stand alone house that is in a condo ass.I tried to refinance through wells fargo which holds my mortgage but because of these they say i can’t .My credit is excellent and they some other program but apraiser wouldn’t except apraisal because he had nothing to conpair it to.Anybody have a suggestion

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