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Can I get FHA-approved?

I am contemplating placing a bid for a FHA approved town home The property is awaiting arbitrtion and the unit is undergoing renovation. 1. Would I be able to obtain the FHA loan on the building without meeting these other "spot approval" conditions since the building is already on the approved list?2. I've heard that some lenders have already eliminated the spot approval process, instead of waiting until the October 1, 2009 deadline, and are requiring the HOA to have renewed its FHA-approval status within last year. Is this true? I'd appreciate any insight you can offer. by brotherlylove32 from Philadelphia, Pennsylvania. Sep 18th 2009 Reply

Kenneth Grigsby (Kenneth Grigsby)
#5 ranked lender in Kansas - 6 contributions

I am here to serve you through our bank line or other affiliations to make your borrowing experience as enjoyable as possible with the best terms possible. Hopefully, through your conversations with me and your understanding of the quality service i provide, you will allow me the opportunity to work with you.I am a local loan officer with the strength of a national mortgage company behind me and deal only with Kansas and Missouri clients. My commitment to you is to devote all of my experience and skill to finding you the loan that meets your needs. As a part of our prequalification process you will need to supply me with the standard required documents to secure a loan that will become part of your permanent file. When requested, please get these documents to me as soon as possible, since any delay will cause a corresponding delay in securing a loan for you and getting you the lowest payment possible. Everyone here at Jacob Dean Mortgage appreciates the opportunity to be of service to you. I will be trying to contact you by phone, but if you have the chance, please call me at the number shown below. Jacob Dean Mortgage Kenneth Grigsby 816 256 3866 office 816 721 3752 email

Sep 20th 2009
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