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Apartment Building

FHA & VA Approval
Solutions For Condominiums

WELCOME TO FHA PROCESSORS.

 

Going through the Condominium Approval process can feel like an overwhelming responsibility at times, but it doesn't have to be that way.

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FHA Processors is committed to serving communities in obtaining FHA and VA Approval for their Condominium Communities.

We are a third-party submission service processor that specializes in FHA and VA certification for Condominiums.

We work directly with the Federal Housing Administration (FHA) and the Department of Veteran Affairs (VA) to get Condominiums communities approved. 

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We collaborate with many individuals from Board Members, Committee Members, Community Management, Equity Portfolio Management, Realtors, Lenders, Service Providers, and Contractors nationwide. 

FHA Processors is an independently owned and operated corporation. It is not an agency of the United States Government; it is not contracted by the Department of Veterans Affairs, the Department of Housing and Urban Development, or their affiliates.

Our Services

Our team comprises industry experts who are passionate about their work and have excelled in the field. We collaborate with many individuals from Board Members, Committee Members, Community Managers, Equity Portfolio Management, Realtors, Lenders, Service Providers, and Contractors nationwide. We work to simplify the FHA and VA Condo approval process.

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FHA APPROVAL

Our goal is to get FHA Approval for your community, which lasts for 3 years. Simply answer a few questions, and our team will begin a full review.  No obligation, let us determine the eligibility of any condominium project within 2 days.

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FHA SINGLE-UNIT APPROVAL

Single Unit Approval is now available. We provide banks, brokers, and mortgage companies a Single-Unit Approval Assistance Program to verify if a unit is eligible under new program guidelines, and facilitate the process.

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VA APPROVAL

We can help get your Condo VA Approved as well.  The process is similar to FHA but a different set of documents and guidelines will apply.  

Click below to see more on the Veterans Affairs approval process.

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Neighborhood

More About FHA Processors

FHA Processors will review and evaluate your condominium eligibility. If our review determines the condominium is eligible for FHA or VA Approval, we will back it up 100%. In addition, FHA Processors will provide a free consultation of available solutions to remedy any possible deficiencies in FHA certification eligibility.

Possible causes of eligibility denial can range from - condominiums with special assessments, pending litigation, outstanding loans, inadequate reserves funding, or other unique circumstances that will require additional documentation.

FHA Processors Value Added

FHA Processors will review and evaluate your condominium eligibility for free.

For eligible communities, FHA Processors will assemble submission packages as required by HOC.

Complete and submit all forms as required by HUD for HRAP review and updates.

Upon approval, we will provide the Community with an approval letter citing the expiration date.

Check a Condominium project’s status to see if it is currently VA and/or FHA Condo Approved. Many communities that were given FHA condo approval have since expired.

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