Unfortunately, your answer is inaccurate. Maybe the person you have dealt with here has not done it for free, however, all Bankers here are empowered with the tools to have condo's FHA approved. I am currently working on a project in Tinley and have not charged anything to the association. Yes, it would be great if we were referred business for our services. However, goodwill is always returned. I'd love to speak with you if you have further questions.
Here are two links to documentation of what is typically needed paperwork for this process which takes about 30 days once the information has been received by HUD:
There is also a very helpful link to Illinois' HUD that might help to further clarify any questions that you may have from the above to documents. This can be found at the following link:
You can always contact someone directly at HUD FHA Resource Division to ask specific questions. I have found them to be extrememly helpful. Their telephone number is: Tollfree: (800) CALL-FHA or (800) 225-5342
Good Luck! Please feel free to contact me directly should you have any further questions. Always happy to help.
Chicago Bancorp is also an approved Direct Endorsement lender and we assist with getting condo building approved free of charge. If you'd like more information, please feel free to give me a call.
Cecelia Marlow - Mortgage Banker
I would love to discuss this with you.
Condo Approval Professionals LLC