03/27/2025
When financing a condo with an FHA loan, it must be approved by the Federal Housing Administration. If the full condominium development isn’t already FHA-approved, Supreme Lending has a solution!
As a selected lender we can offer FHA Single-Unit Approvals, formerly known as Spot Approvals, to help get a condo unit approved in an average of 10-15 business days. That way, buyers can take advantage of FHA loan benefits while enjoying condo living.
We have a dedicated, in-house condo team to review and determine if a condo can be spot approved.
Don’t shy away from condo business. Let us help get your client’s condo approved by the FHA!