Condo FHA Loans

More South Florida Condo Buyers May Be Able to Get FHA Loans

Loans from the Federal Housing Administration (FHA) can be a great way for first-time buyers to purchase a home, since they require a much smaller down-payment than typical home lenders do. But buying a condominium (rather than a single-family home) with an FHA loan has been nearly impossible, because only a tiny fraction of condo projects has received the approvals needed by the FHA. Read more