Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney
617-615-9435617-615-9435

How to Know if a Condo is FHA or VA Approved by Brian Tobin of Guaranteed Rate

How to Know if a Condo is FHA or VA Approved

A lot of first time home buyers are using FHA and VA loans. These loans are great in that they allow a borrower the opportunity to become approved and use a very small deposit. In the case of the FHA loan, the borrrower may qualify with as a little as 3.5% down and with the VA loan, the borrower can finance up to 100% of the purchase price.

 

When borrowers look at condos, they have to make sure that the condos are approved by either the Federal Housing Authority or the Veterans Administration. You would want to know this information before you go

We reached out to a local lender, Brian Tobin of Guaranteed Rate to ask the question for our readers.

“Michael, since I get this question a lot, here are the 2 sites we use to determine if a condo is FHA or VA approved.

This is a handy resource to have when you are out searching for homes with your buyers.

To find out if a condo You can find the list of approved FHA condo projects here

To find out if a condo You can find the list of approved FHA condo projects here

To find out if a condo You can find the list of approved FHA condo projects here

 

 

See the list of approved VA condo projects here

See the list of approved VA condo projects here

 

 

 

If you have questions about VA or FHA loans in Massachusetts, please reach out to Brian Tobin below:

Brian Tobin
Senior Loan Officer Guaranteed Rate
brian.tobin@rate.com

www.rate.com/briantobin
o: 781.526.3938 –
f: 781.658.2206
See Brian Tobin on Linked

Comments are closed.

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on Zillow.com

Community Events

Montaigne Readings - Chapter 2 of Bakewell

Newton Book Club - How to Live a Good Life

We will be reading one chapter each month for several months from "How to Live: Or A Life of Montaigne in One Question and Twenty Attempts at an Answer" by Sarah Bakewell. We will supplement occasionally with specific Montaigne essays. Each...

Fall Season Begins Sept 9th! Latin Fusion Body Movement with MetaMovements!

Cuban Dance, Culture & Travel w/MetaMovements Meetup

Sept 9th- Nov 4th, 2018 (No class on 10/7) Learn a variety of Latin Hip Hop Fusion movements from Hip Hop to Reggaeton to Salsa and more! $15 drop in; class card discounts/packages available CHECK IT OUT!http://metamovements.wixsite.com/class/classes

Monday Morning Mah Jongg

Mah Jongg in Cambridge and Beyond

Intermediate Players welcome to join us for a fun game of mah jongg. We play quickly, chit chat, joke around and play a mean game of mah jongg.  Bring your current card and your wallet. Be prepared to win and win even when you lose. $4 pie.

Cultivate inner peace. Mondays 3-5pm. Guided meditations every half hour.

Meditation in Boston

KMC Boston has expanded our hours! We are now open Mondays 3 - 5pm. Guided meditations will be offered on the half hour.Take this time to relax, refresh & de-stress. Cultivate inner peace through a guided practice and enjoy the rest of your day...