The FHA approval process for condominiums has become increasingly important in today's economic climate. With most of the "portfolio," or "non-conforming" mortgage programs discontinued (and transactions picking up, if ever so slightly), FHA underwritten financing has become increasingly attractive--and may be a purchaser's only option. read more

Fannie Mae recently published revised lending guidelines for condominium properties. The guidelines include changes to insurance, delinquency, loan-to-value (LTV) and owner-occupied ratios. read more