FHA Condo Approval Specialist

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Contractor - ReadySetLoan Condo Team LLC
This fantastic article by Greg Nino of ReMax in Houston posted this very accurate article about what the real estate business is really like.  He is approached on a regular basis by people inquiring with him about getting into the business.  He wrote the article to be able to send people to it fo...
Posted 20 days ago
Our Condominium’s FHA Concentration is 75%, What Do We Do? A few months ago, I helped a condominium project in Connecticut to get recertified with FHA.  The on-site property manager was a delight to work with. Today, Jeanne forwarded to me an email that she had received from a loan officer who wa...
Posted 22 days ago
Real Estate agents sometimes appear to be avoiding questions asked by their clients or potential clients.  This could make the agent less knowledgeable or that he/she is giving you the run-around.  The fact of the matter is agents MUST be very careful about what they say because there are many la...
Posted 24 days ago
How Does FHA Handle "Cloud" Condominiums? It appears that the “cloud” concept has spread wider than in the area of computing.  A newer type of condominium community, called a cloud condominium, has been popping up and is already approved in certain large cities such as Denver, Orlando and San Die...
Posted 24 days ago
What is “Co-Housing”? At the FHA condominium project approval roundtable session in Washington D.C. last week, the topic of “co-housing” was introduced for discussion.  This was a concept that I had not encountered previously having worked primarily in New England. Originating in Denmark, co-hous...
Posted 25 days ago
David Popoff's article below does well to dispell some of the myths about communicating with appraisers.  Prior to regulatory changes only a handful of years ago, the appraiser was generally selected by the mortgage broker or loan officer.  This created a sort of conflict of interest in that if t...
Posted 25 days ago
I’m the ActiveRain Point Leader in My Town! This morning I passed the point leader in South Windsor, CT to become the points leader in the town.  Before anyone gets too excited about this, I have just shy of 180,000 (when I wrote this) so, in essence, this makes me a big fish in a small pond. The...
Posted 25 days ago
 I am torn as to the benefit of disbanding Fannie and Freddie in lieu of one governmental entity. I do not like the government having such control over the housing market.  As Wayne mentions below, one of the largest factors that contributed to the housing "crisis" was government regulations. Now...
Posted 26 days ago
FHA Does Not Approve Master Associations Last week, I was invited to attend a roundtable session in Washington D.C. as an industry expert for FHA Condo Approvals.  One of the topics of discussion was regarding Master Associations.  A master association is an association that reigns over a groupin...
Posted 26 days ago
  Alex Popovic is an absolute expert in VA mortgage financing.  His blog is loaded with detailed information about the VA loan program including the nuances that are associated with the ancillary aspects such as how to obtain a Certificate of Eligibility. The article below is one of the most comp...
Posted 26 days ago

Eric Boucher

The FHA Condo Approval Guy
Contact me for a FREE FHA Prequalification of your Condo Project
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