Dave, there is more info that's needed I. Order to be able to determine if its FHA approved. Is this a condo we're talking about? I suggest you link up with a Loan Officer and it should be something that with basic information, the Loan Officer would be able to answer this question.
I do most of my business in Queens, I'm always available to talk or meet in one of our Queens offices and see how I can help you. Feel free to contact me.
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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797