PRICING of FHA Condo Approval for 2017

PRICING 2 - FHA CONDO APPROVAL

Whats Included?

The Total cost of an existing condominium to become FHA or VA approved is $850. There are no hidden or extra fees.  If our full review determines the condominium is eligible for approval, we will back it up 100%.  If you don’t get FHA or VA Condo Approval, you don’t pay for the submission!

Our Promise:
  • Initial eligibility evaluation
  • Full Review of Documents
  • Analysis of Financials
  • Timely FHA Submission
  • Contact with HUD throughout Process
  • Board meeting attendance (SoCal Only)
  • 2 year renewal reminder of Expiration
  • Denied FHA application assistance program
What sets us apart?

Many companies charge extra, or expect you to provide:

  • Condo Plans
  • Annexation documents
  • FEMA Flood Maps
  • Tract Map
  • Phasing Documents

At FHA Review, these documents are included in cost.

Managers & Boards

For Property Managers & Board of Directors, there is no downpayment necessary, only a contract signed by the Board or Management Company.  We will invoice you $850 only when you are officially FHA or VA approved.

Realtors & Lenders

Total cost of a typical condominium to become FHA or VA approved is $850.  A non-refundable $175 down payment will apply to all lenders, realtors and loan officers to start the process.  The Remaining $675 will be due upon submission.  If the community is eligible for our “Don’t Pass, Don’t Pay” program, we will guarantee approval, and refund your entire $850 if the community is not approved.

Don’t Pass, Don’t Pay Program

If our full review determines the condominium is eligible for approval, we will back it up 100%.  If you don’t get VA or FHA Condo Approval, you don’t pay for the submission!
If your community does not meet our eligibility requirements, we can submit your application for a non-refundable fee at your request.  Common issues that preclude a condominium from meeting our Don’t Pass, Don’t Pay program are:

  • Special Assessments
  • Pending Litigation
  • Interest Bearing Loans
  • Low Reserve Funds
  • Leasing Restrictions
  • Missing Paperwork
  • Transfer Fees