pud fha APPROVED

Asked by Ida Baugh, Tiburon, CA Sat Nov 13, 2010

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Scott Lawson’s answer
Scott Lawson, Mortgage Broker Or Lender, Petaluma, CA
Wed Nov 28, 2012
Yes, PUDs are treated the same as a single family residence. The only requirement the lender will have is they will require a copy of the master insurance policy and to have your new lender added as loss payee. The other difference from an SFR is that you will be required to carry an HO6 policy on the unit.

Call if you have additional questions.

Scott Lawson
(415) 796-0336
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Claudia Mull…, Mortgage Broker Or Lender, Fremont, CA
Sat Aug 18, 2012
Ida

If a property is a PUD, it does not have to be FHA approved.
Just condos.
There is a list of condos, have your favorite mortgage broker look up the complex name for approval at the FHA website.
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