let7932, Other/Just Looking in Chicago, IL

Is this Condo FHA approved?

Asked by let7932, Chicago, IL Thu Sep 13, 2012

This question is about this property: http://www.trulia.com/property/3072651154-1457-W-Thome-Ave-1…

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Ctholberg, , Los Angeles, CA
Fri Sep 14, 2012
The Condo is named "Thomeview Village Condominium Association" and it is not FHA Approved.
0 votes
Steve Stenger, , Chicago, IL
Thu Sep 13, 2012
The GSE's are raising their fees as well which will put them above FHA soon.
0 votes
Matt Bukovy, Mortgage Broker Or Lender, Chicago, IL
Thu Sep 13, 2012
The REAL question is: Why are you looking for FHA financing? With just a tiny difference in the minimum FICO score, there are conforming products that offer:
- Lower Monthly Payments than FHA
- Lower Closing Costs than FHA
- Lower Mortgage Insurance Costs than FHA (and FHA is going up AGAIN!)
- Down Payment Assistance up to $6000!

Call or email me for more info.


Matt Bukovy
Senior Mortgage Consultant
Wintrust Mortgage
Web Reference:  http://www.mattbukovy.com
0 votes
Philip Sencer, Agent, Chicago, IL
Thu Sep 13, 2012
It is not fha, but under contract for a long time. Perhaps an agent can help you? There are many conventional options that are about as good as FHA and would give you more choices. My web site has some lender references.
0 votes
Matt Laricy, Agent, Chicago, IL
Thu Sep 13, 2012
This property is already under contract and it was NOT Fha approved
Web Reference:  http://Americorpre.com
0 votes
Steve Stenger, , Chicago, IL
Thu Sep 13, 2012
I don't believe it is FHA approved. I checked the HUD website. Do you know the legal name of the condo association? I can check that way.

If not, or if it has had the FHA approval expire. I would be happy to help obtain approval. My company specializes in FHA approvals. We have over 17 years of FHA condo approval expertise.

Let me know.


Steve Stenger
Condo Approval Professionals LLC
0 votes
Bill J Delig…, Agent, Naperville, IL
Thu Sep 13, 2012
Are you working with a Realtor? If Yes, ask him/her, if No find a Realtor to help make your search more efficient.
0 votes
Dirk Gould, Agent, Chicago, IL
Thu Sep 13, 2012
http://www.forfha.com/illinois/60660. This allows you to look up which buildings are FHA approved in that zip code. Let me know if I can further assist.
0 votes
Gemini Tamon…, Agent, Morton Grove, IL
Thu Sep 13, 2012
The property is already under contract. I can find similar properties in the area and send you listings. Feel free to contact me if you need further assistance.
0 votes
Mark Bazzetta, Agent, Chicago, IL
Thu Sep 13, 2012
I would give the listing agent a call to find out. His info is at bottom of your link to the listing.

Best of luck,
0 votes
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