Check If That Condo Is FHA /VA Approved!

Real Estate Agent with Century 21 Liberty Homes RS-#62825

With the changing times in our housing market came big changes altogether for FHA and VA loan criteria. The biggest stunner was the condo/townhouse complexes that used to be FHA or VA approved; but alas no more.

Don't wait until after you get into contract to get shocked that the condo/townhouse is no longer approved by FHA or VA. Get your homework done and check before you list that property and check before you write that contract for your buyer. 

You can get lists of complexes for FHA approved condo/townhouses/homes/communities for any state at this site:  FHA approved homes and communities  and this site is for VA approved condos.

 The owner occupancy rate of 51 % is the biggest determination for the condo being approved as well as the insurance coverage.  Ask your lender if they are able to determine project eligibility, review project documentation and certify if that property is not FHA/VA approved.

Be proactive before you list a property or write a contract.

Find out more from a lender and do your homework.


Posted by



Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.


 © 2007-2014 Celeste "Sally" Cheeseman's

Hawaii Real Estate and Relocation Blog.

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Re-Bloggged 9 times:

Re-Blogged By Re-Blogged At
  1. Debe Maxwell 06/13/2010 10:46 AM
  2. Stephanie Reynolds 06/14/2010 09:22 PM
  3. Dick and Dixie Sells 06/20/2010 06:39 AM
  4. Cindy Jones 06/29/2010 10:21 PM
  5. Robert Jarvis 08/18/2010 02:48 PM
  6. Stefan West 06/07/2011 08:17 PM
  7. Praful Thakkar 06/07/2011 10:50 PM
  8. Ed Silva 06/08/2011 07:22 AM
  9. Cheryl Ritchie 06/08/2011 09:48 PM
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Comments 56 New Comment

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Margaret Rome, Baltimore Maryland
Sell Your Home With Margaret Rome
Broker/ Owner HomeRome Realty-Author "Real Estate the Rome Way" 410-530-2400

Thanks to Praful for the reblog...

Good idea to know up front if the condos are approved.  We used to be able to get spot approvals but that is almost impossible now.


June 07, 2011 11:00 PM
Barbara Altieri
REALTOR - Fairfield County CT Real Estate
RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate

SAlly -- This is excellent info. I posted the same a few months ago and it needs to be repeated often.  We had many expirations in May.  I lucked out on the condo I am listing tomorrow.  They were NOT approved and JUST got approved last week.  Yes!!

June 07, 2011 11:01 PM
Hannah Williams
Expertise in NE Philadelphia & Bucks County
Re/Max Eastern inc.

Great post Sally


June 07, 2011 11:22 PM
Rob Spinosa
Marin Mortgage Broker
RPM Mortgage, Marin County, CA

Thanks for the great post, Sally.  I have made an ongoing effort in my community to reach out to HOA's and property managers and work with them to obtain FHA approval or to tell them what's preventing it.  Surprisingly, there are still very many management companies with their heads in the sand.  Same for HOA boards.  Some think that an FHA approval will only permit the "wrong kind" of buyers.  WHAT??? In this environment they still wish to be exclusive? Unbelieveable.

All that said, if any Realtors in California have a listing or buyer for a condo, I can help with the FHA process if necessary.  Give me a call at 415.367.5959 or  Getting an FHA approval involves a lot of paperwork and patience, but it is worth it.

June 07, 2011 11:30 PM
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

This will hurt the real estate market and there will be more short sales and foreclosures if sellers of condos will not be able to sell. Thank you for the information.

June 08, 2011 05:48 AM
Jackie Connelly-Fornuff
Century 21 AA Lindenhurst NY
Long Island NY Real Estate Agent

Hi Sally, I always check to make sure the condo is on the list. You just never know. It's there one day and gone the next.

June 08, 2011 05:52 AM
David Burrows
No Pressure, Just Seriously Devoted to Real Estate
Classic Realty

Sally, you are absolutely right! Failure to do our homework as agents can cost clients the sale of their home. Knowing what is real about Real Estate when it comes to FHA/VA Loans is of great importance.

June 08, 2011 06:53 AM
Ed Silva
Central CT Real Estate Broker Serving all equally
RE/MAX Professionals, CT 203-206-0754

Sally, this post has a life of it's own in looking at some of the dates. Some things just never go out of style.

The occupancy ratios of some of the condo complexes, especially in larger towns, can be a real issue. I've lost many an hour looking through town records to verify some of the ratios as some of the managing offices of the complexes are lax about their records. Finding a condo address where the tax bills get sent to a different address is always the first clue, and for some owners they could not be aware of how many of the new neighbors, especially in a large complex are tenants that just lessened their chance of getting their unit sold.

June 08, 2011 07:09 AM
Gabe Sanders
Stuart Florida Real Estate
the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales

Great advice Sally.  Especially true in Florida where there are quite a few condo associations that are not approved.  (In my area the vast majority are not)

June 08, 2011 07:30 AM
Wayne Johnson
San Antonio REALTOR, San Antonio Homes For Sale
Coldwell Banker D'Ann Harper REALTORS®

Condos are a different animal from single family houses. Marketing is a bit different, as well and getting all the financing issues covered. Nice job of high lighting some of the big issues Sally.

June 08, 2011 12:18 PM
Celeste "SALLY" Cheeseman
RA, CRS, Hawaii Mililani Oahu Real Estate
Century 21 Liberty Homes

Ed...I changed the link for the VA condo search yesterday (old one for condo/pud builder was shut down) and it ended up getting featured too!  Through all this I also found that PUD's do not need FHA approval...which was a good thing.

Also, with some lenders (who are savvy in this) will put in the extra work to get them approved. It takes a bit more time but a transaction can close in a matter of a couple weeks.

June 08, 2011 12:41 PM
George Souto
Your Connecticut Mortgage Expert
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut

Sally a lot of Condo's came off of the FHA Approved Condo List at the end of May, and a bunch more will come off at the end of July, so it is very important for people to check out the link that you provided, before they assume that the Condo is still on it.

Another major change that will take place soon is that FHA will no longer do loans on more that 30% of the condo's in a complex.  FHA has started to post that percentage on the Condo Approved List website in preparation for this requirement.

June 08, 2011 04:21 PM
Donna Harris
Realtor, CDPE & ASP - Hill Country Lakeway Austin
Regent Property Group

This is a huge issue in my area. There are a couple of complexes where certain buildings within the complex are approved with other buildings not being approved. That's weird, but I guess they don't want issues with certain parts of the community.

June 08, 2011 04:33 PM
Malik Crichlow
Maplewood,SouthOrange,Union Real estate
GoodBuy Homes NJ Essex & Union County Real Estate specialist

sally, great post, i dont know how many times i had to remind myself to check properties out to see if they are approved.  

i also post if its approved or not on my listings and still get the phone call or email from agents; asking if its fha approved?

thanks for sharing!

June 08, 2011 07:50 PM
Claude Labbe
Realty for Your Busy Life
Real Living | At Home

Oh, I love that FHA site... that only operates during business hours.

It just makes me laugh, it's so illogical.


June 08, 2011 10:23 PM
Celeste "SALLY" Cheeseman
RA, CRS, Hawaii Mililani Oahu Real Estate
Century 21 Liberty Homes

George: Great's an ongoing change.

June 09, 2011 01:56 AM
Adam Mallory
Broker, ABR, e-Pro
eBroker Real Estate 619-566-ADAM

Nice post Celeste!  I can't tell you the number of times a Buyer (doing their own public MLS searches) have asked me to show them a unit in a building that wasn't approved.  I have to tell them "there's a reason I haven't taken you to that complex"

June 09, 2011 12:19 PM
David Krichmar, FHA, VA, USDA, HomePath, Jumbo

Thank you, i think the old link was no good.  and you had the information on the right link.  Thank you. 

July 19, 2011 02:40 PM
Bill Ladewig
Your FHA Guru - Closing Home Homes Since 1970

Sally, Great Information. Like David way back in 2011, my old link was broken and yours was perfect.  To hopefully return the favor here is a link to a host of information that includes your link:

You can be sure If I run accross anyone who wants to buy in Hawaii that I will recommend you.


Bill Ladewig

September 13, 2013 11:35 AM
Inna Ivchenko
Los Angeles / Valley Homes
Mannis Real Estate Group

The problem with HUD website that they don't work after houses and during weekend. I usually ask my lenders to check if the community is FHA approved and try to get it from HOA( can be not easy as well).

May 26, 2014 12:25 AM
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Celeste "SALLY" Cheeseman

RA, CRS, Hawaii Mililani Oahu Real Estate
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