FHA required documents.
A clear starting checklist for preparing your condominium association’s FHA approval request.
Gather your association’s records.
The documents below are the items currently listed by Blackstone Management for an FHA condominium approval request. Organizing them by category makes it easier to see what you have and what you still need to obtain.
Legal records
Recorded governing documents, bylaws, and state-filed incorporation records.
Financial records
Recent statements, the current budget, and the prior year’s results.
Insurance and other records
Coverage declarations, management agreement if applicable, and a unit rental list.
Find the records you need.
Select a category on the left or review the full checklist in order.
Governing and incorporation records
- Recorded CC&Rs, also known as the Declaration or Master Deed.
- Signed and adopted bylaws. If the copy is unsigned, have a board member sign and date it.
- Articles of Incorporation filed with the state.
Statements and budget
- Recent balance sheet and income statement, dated within 60 days.
- Current budget.
- Prior year-end results, such as an income statement or finalized audit.
Coverage declarations
- Insurance policy declaration pages for hazard and liability coverage.
- Fidelity bond declaration page. This may appear within the main insurance policy as crime or employee dishonesty coverage.
Management and occupancy information
- Signed management company agreement, including services, unless the association is self-managed.
- List of rented units in the community, or units using offsite mailing addresses.
Next step: Complete the eligibility questionnaire to receive the full information package for your association.
What happens after you begin.
Complete the questionnaire
A property manager or board member submits the eligibility questionnaire for review against the approval guidelines.
Identify issues
The application is reviewed for issues that could conflict with the guidelines, with recommendations to address them.
Submit for approval
Blackstone prepares and submits the application to FHA for its review.
Ready to begin?
Complete the questionnaire to request the full information package for your community.
