VA Condo Approved -- No sweat -- tell you in an instant

By
Mortgage and Lending with Central Pacific Homeloans
http://actvra.in/7H7

One of my Realtors asked me yesterday how to determine if a condo is VA Approved.  Please follow these steps exactly and you will be able to figure it out:

            + Go to this web site; http://condopudbuilder.vba.va.gov/2.2/frames.html

            + Click on Condo Pud Reports

            + Line 1 Hi lite Summary Line 2 hilite both.

            + Line 3 under name insert *

            + Line 4 leave blank and line 5 enter your state.

Then Click on Submit and it will bring up all of the VA condos approved in your state.

 

You must also go to the HUD site and check to see if it is HUD approved because VA will accept a HUD approved condo with put regard to owner occupancy.

 

Good Luck, Good Lending and Aloha

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Tags:
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loan officer hawaii
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Rainer
65,308
Bruce Bourgault, Vice President, Mpro
Central Pacific Homeloans
Hi Sally -- It is a  bit quirky that way but it does work.  Aloha
October 03, 2007 05:49 PM
Rainmaker
573,888
Neal Bloom
Realtor CRS-Weston FL Real Estate
Keller Williams Properties, Weston FL
I was just reading this the other day somewhere but my memory can't figure it out....thanks Bruce
October 03, 2007 08:44 PM
Rainer
103,798
Rosario Lewis
GRI, SRES - DDR Realty - Orange County, NY
DDR Realty
Thank you for the handy step by step instructions. I'll keep them for future reference.
October 04, 2007 09:12 AM
Rainer
65,308
Bruce Bourgault, Vice President, Mpro
Central Pacific Homeloans
Hi Neal and Rosario -- If you have anhyh questions like this just let me know and I 'll be glad to find the answer for you.  Aloha  B
October 04, 2007 04:18 PM
Anonymous #6
Anonymous
Anonymous
Hi Bruce,
You're back on the job providing info to all the hungry agents.  Thanks for this one, might come in handy. 
October 04, 2007 04:55 PM
Rainer
65,308
Bruce Bourgault, Vice President, Mpro
Central Pacific Homeloans
Hi Cynthia -- Please let me know any questions you may have and I will be delighted to help you.  Aloha  B
October 04, 2007 04:58 PM
Rainmaker
157,577
1SG (Ret.) David Kucic
President and Owner
Hawaii Military Realty, Inc.

Bruce-How about Plantation Town Apartments in Waipahu....the new affordable housing project????  Aloha,

David Kucic RA, ABR, AHWD, e-PRO, GRI
First Sergeant, USA (Retired)
Tropic Lightning Real Estate, Oahu, Hawaii

October 05, 2007 12:34 AM
Rainer
65,308
Bruce Bourgault, Vice President, Mpro
Central Pacific Homeloans
Hi David -- Does not appear that they did get it approved.  If you would like we can go in for a spot approval.  Will take us about 6 weeks.  I will be out of the hopsital in about 2 to 3 weeks and will be delighted to take this on as a project for you.  Please let me know.  Aloha
October 06, 2007 05:56 PM
Anonymous #10
Anonymous
DIANA VILLARREAL

HOW CAN I GET A NEW COMPLEX BUILT 06 TO GET V.A.APPROVED IN NATIONAL CITY.

August 04, 2008 01:31 PM
Anonymous #11
Anonymous
MQuinonez

If a condominium is advertised as VA/FHA approved and we find out it's not and contingency has been lifted are we responsible for paying a fee to extend the escrow term?

October 17, 2008 12:40 AM
Anonymous #12
Anonymous
Norma

Fantastic,

Thank,

Norma

February 16, 2009 04:42 PM
Anonymous #13
Anonymous
Joan

This is a terrific site. I didn't find the ondo I'd like to buy but it also wasn't listed when I unchecked the VA/PUD only box. Assuming they're not VA approved yet (and assuming they accept my offer wth funding approval contingent on becoming approved) and they actually are willing to do the paperwork - how long does the process usually take? The condo is 4 years old and occupied, mainly with homeowners. It's very hard to get the names of the Board Members through the property management company and no one in the property management company knows anything about VA approval (some didn't even know what I was talking about). Thanks!! 

May 19, 2009 12:43 AM
Anonymous #14
Anonymous
STELLA PETRIDIS

Hello<

I am trying to find a VA approved condominium subdivision in Rolling Meadows Illinois. There is one but the name is not the same,if you click on the map it goes to the exact area but the first two buildins which are in the first subdivision. Management company does not know and I do not know where to find you.I am trying to see if it is HUD approved on this site because if it is then the process is not as long to get VA approved.

Three fountains on the Lake in Rolling Meadows Illinois

 

May 05, 2010 07:47 PM
Rainer
13,256
Niki Fiala
Great Homes Realty

Great info, thanks. I put "list of va approved condominiums" into Google and your post came up as the #4 result. Good job!

July 20, 2010 04:29 PM
Anonymous #16
Anonymous
Lilla Folsom

Thanks for the information. We just got a development approved in June and it is on your list...thanks.

September 01, 2010 09:15 PM
Anonymous #17
Anonymous
John Dechon

It looks like Bruce has stopped responding here as of 2007...so maybe this is no longer a "live" site as maybe he ia no longer available or has retired?

June 07, 2011 11:04 AM
Anonymous #18
Anonymous
John Dechon

P.S. I posted the comment immediately above on 6-7-2011...I added this as it's showing the (incorrect) year 2010 instead of 2011.

June 07, 2011 11:09 AM
Anonymous #19
Anonymous
Ymelda

Hi,

I could not find the Corsican Villas in Brea, California. Is this an approved VA community. tks

July 14, 2011 02:26 AM
Rainmaker
165,946
Dale Samples
REALTOR -Homes for Sale Charleston, West Virgini
304.741.4705 • www.dalesamples.com
Rainmaker
570,044
Bill Gillhespy
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
16 Sunview Blvd

  Missed this the first time around.  Great info and helpful to buyers.   Will miss Bruces' great posts.

January 26, 2012 01:25 PM
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Rainer
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Bruce Bourgault, Vice President, Mpro

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