If you have decided to use FHA financing to purchase your Henrico, Va condo, here’s what you need to know:
- The condo must be on HUD’s FHA approved condo list. You can search for condos on HUD’s website by city and/or county.
- If the condo is on the list, but the approval has expired, your Richmond Realtor and mortgage lender can work as a team to obtain the required documentation to submit for re-certification.
- If a condo you like is not approved, your lender will be able to apply for FHA approval with the blessing of the condo association. Once they are able to obtain the necessary documents and submit them to HUD, the decision can take up to 60 days, so make sure you start the process early.
Here are the condos in Henrico, VA that are currently approved for FHA financing:
Kelston Green at Wyndham
Regency Woods Condominium
Shannon Green Condominium
Shannon Green Condominium II
Sky Line Condominium
Stonewall Manor Condominium
The Villas at Hunton Park
The Villas of Autumn Run
I’ve also featured FHA approved condo lists for these Richmond Metro areas, so be sure to check them out as well:
This list was generated on August 28, 2014. Contact me or look on HUD’s website for the most up-to-date list as condo approvals may have been added or expired. I’m also happy to assist you in gaining FHA condo approval for a condo you are interested in purchasing.