FHA loan rules were created with the knowledge that some condo projects are different than others, so HUD 4000.1 includes a specific definition of a condominium project: “A Condominium Project refers to a multi-unit Property in which persons hold title to individual units and an.
· The return of spot approvals will allow individual buyers, on a case-by-case basis, to purchase a unit with an FHA loan in a non-FHA approved condominium. For condos with 10.
Fha Loans Guidelines Current Fha Loans Rates current fha home loan rates ~ FHA Mortgage Rates – fha mortgage rates hew closely to the mortgage rates on traditional home loans. If the average interest rate on a 30-year fixed-rate mortgage stands at 5.4 percent, you can figure that the average fha mortgage rate is nearly the same.