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Condominium Associations can Receive Assistance With Obtaining FHA Approval

This post was written by jd on March 7, 2011
Posted Under: Real Estate


Loans funded by the Federal Housing Administration (FHA) account for a significant percentage of new mortgages, and with many of today’s buyers only able to purchase a home with an FHA loan, it is essential that REALTORS® understand which condominium and townhome properties are eligible for FHA loans.

Eligibility Check provides members with the only real-time source for checking condominium FHA loan eligibility and approval status by property address.  C.A.R. members receive up to a 25 percent discount off the standard Eligibility Check pricing.

Clarus FHA Approval™ also offers Approval Services to assist condominium associations in obtaining FHA approval.  Discounts are provided to condominium associations referred by a REALTOR®.  Failure to be approved for FHA loan eligibility will almost certainly impact the marketability of a condominium.  Encourage the condominium homeowners associations in your market area to seek approval for FHA loans now!

Approval Services is available by calling (818) 338-6588.

More info on Eligibility Check and Approval Services: www.clarusfhaapproval.com.

For all your real estate needs call or write:

John J. O’Dell
Real Estate Broker
O’Dell Realty
(530) 263-1091

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