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2. How does a condo mortgage work? - AOL

   www.aol.com/finance/does-condo-mortgage...

   Condo unit must be your primary residence. FHA loan. You can search for FHA-approved condos through the U.S. Department of Housing and Urban Development (HUD) website. The qualifications for an ...

3. Are high prices keeping you from achieving homeownership ...

   www.aol.com/finance/pro-tips-buy-condo-2024...

   And if you’re looking to use an FHA mortgage, browse the listing of Federal Housing Administration approved condos found online to make sure any properties you have on your house-hunting list ...

4. FHA loan requirements for 2024: Here’s how to qualify - AOL

   www.aol.com/finance/fha-loan-requirements-2024...

   Inspection and property requirements. FHA loans include a process in which a HUD-approved appraiser must assess the property to verify its market value and compliance with HUD’s basic property ...

5. Reserve study - Wikipedia

   en.wikipedia.org/wiki/Reserve_study

   Additionally, Mortgagee Letter 2011-22 stipulates all other condominiums requesting FHA project approval may be required to submit a current (completed within the last 24 months) reserve study at their discretion or whenever financial documents do not appear to meet sufficient funding requirements of the condominium association. [17]

6. Fannie Mae and Freddie Mac to add transparency to condo ...

   www.aol.com/fannie-mae-freddie-mac-add-103000226...

   The Miami Herald reported in December mortgage lenders Fannie Mae and Freddie Mac maintain a list of condominiums unapproved for the acquisition of loans.

7. FHA loans: Definition, requirements and limits - AOL

   www.aol.com/finance/fha-loans-134807555.html

   Here’s an overview of the requirements for an FHA loan: FHA credit score: As low as 580 with a 3.5 percent down payment or as low as 500 with a 10 percent down payment

8. Florida Gov. Ron DeSantis says special session to fix condo ...

   www.aol.com/florida-gov-ron-desantis-says...

   The new requirements have led to large jumps in assessments, with some reaching six figures. ... The Wall Street Journal reported in May that condos for sale in South Florida have doubled since ...

9. How to prepare for FHA appraisal requirements - AOL

   www.aol.com/finance/prepare-fha-appraisal...

   Appraisal vs. home inspection. The FHA requires an appraisal (and so do many mortgage lenders for all kinds of loans, such as conventional loans), while an inspection is an optional but highly ...