For a complete questionnaire and list of documents, please click the “Get Approved” button below.
We will email you an info package with everything you will need to get the FHA condo approval process started for your community.
Required Documents for FHA Approval
Legal Documents
- Recorded CC&Rs (AKA Declarations, or Master Deed)
- Signed and adopted Bylaws (if not signed, have Board member Sign and Date)
- Articles of Incorporation filed with the state
Financial Documents
- Recent Balance sheet & Income Statement (within 60 days)
- Current Budget
- Prior Year End Results (Income Statement or Finalized Audit)
Insurance Documents
- Insurance Policy Dec Page – Hazard, Liability
- Fidelity Bond Dec Page (may be found on main insurance policy – Also known as Crime or Employee Dishonesty Policy)
Other Documents
- Signed Management Company Agreement including services (unless self-managed).
- A list of the rented units in the community (or units which use offsite addresses for mail).
Get Approved
The Approval process takes 2-4 weeks. Start applying now!
FHA Approval
An Easy 3-Step Approval Process
Step 1: Prequalify
The Property Manager or Board Member completes our Eligibility Questionnaire. Our team reviews it to check if it meets the the FHA Condo Approval Guidelines.
Step 2: Identify Issues
Our team reviews your application for issues that might conflict with the FHA Condo Approval Guidelines and recommend fixes that help your community get approved.
Step 3: Submission
Our team builds and submits your application to the FHA for approval on your behalf. The process takes 2-3 weeks and once approved, your certificate will be sent directly to you!
