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Condominium Unit Purchase (Mortgage Insurance - HUD/FHA)

U.S. Department of Housing and Urban Development > Condominium Unit Purchase (Mortgage Insurance - HUD/FHA)

 

Program Description:

This program can help individuals buy a home in a condominium development that will be their place of residence. While Housing and Urban Development (HUD) does not lend money directly to buyers to purchase a home, Federal Housing Administration (FHA)-approved lenders make loans through a number of FHA-insurance programs.

 

General Program Requirements:

In order to qualify for this benefit program, you must be a current or prospective homeowner.

 

Status

Active

 

Loan Terms:

Please contact an FHA-approved lender for loan term information. To find an FHA-approved lender, visit:
http://portal.hud.gov/portal/page?_pageid=73,1827603&_dad=portal&_sche...

 

Application Process:

For more information, see the Program Contact Information below.

 

Program Contact Information:

To read more about this program, go to:
http://www.hud.gov/offices/hsg/sfh/condo/index.cfm

To read more about the home buying process, please visit:
http://www.hud.gov/buying/index.cfm

To obtain a FHA-insured mortgage, look in your local Yellow Pages under "Mortgages" or contact a FHA-approved lender:
http://www.hud.gov/ll/code/llplcrit.html

 

Managing Agency:

U.S. Department of Housing and Urban Development
http://www.hud.gov/




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