FHA financing can help you buy a home with a low down payment. If you buy a condo, though, you’ll have to make sure it’s FHA approved. If it’s not, the process could be delayed. In some cases, you may not be able to secure financing at all. Find out why FHA approval is so important and why you should ask about it first. Why Condos Must be FHA Approved The FHA approves certain condo associations that meet their requirements. If an association doesn’t meet the FHA approved requirements, the FHA … [Read more...]