Comments on: New FHA Mortgage Rules For Condos Start October 1st http://www.fhaloanpros.com/2009/09/new-fha-mortgage-rules-for-condos-start-october-1st/ The Unofficial Guide to FHA Loans & Mortgages Wed, 17 Mar 2010 05:05:10 +0000 http://wordpress.org/?v=2.6 By: Robin http://www.fhaloanpros.com/2009/09/new-fha-mortgage-rules-for-condos-start-october-1st/#comment-72234 Robin Sat, 28 Nov 2009 19:28:46 +0000 http://www.fhaloanpros.com/?p=1212#comment-72234 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 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

]]> By: New Homes Builders http://www.fhaloanpros.com/2009/09/new-fha-mortgage-rules-for-condos-start-october-1st/#comment-65934 New Homes Builders Thu, 24 Sep 2009 20:08:59 +0000 http://www.fhaloanpros.com/?p=1212#comment-65934 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! 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!

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