ARCHIVED BLOG POSTS
2015
"Your Association and the FHA - What's in it for me?" with Eric Boucher Join Reserve Specialist Robert Nordlund of Association Reserves and Eric Boucher of ReadySetLoan in this straightforward discussion clearly outlining the benefits of becoming FHA approved and what it takes for your associa...
06/21/2015
4
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Trying to be Slick with Legal LanguageThe packages for FHA condominium project approvals include the management agreement between the association and the property manager. Most of them are about 8-12 pages, cut-and-dry, very simple and very easy to read and interpret. But there are some that ar...
06/16/2015
6-Unit Condominium Approved with FHA in 9 DaysIn February, we were contacted by a unit owner in a 6-unit condominium in Chicago. His condominium’s FHA approval was due to expire in June. He had read my article about FHA concentration and had some questions. After speaking to me, he said that h...
06/10/2015
20
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But the Master Association Has ReservesA few months ago, I received a phone call from a reverse mortgage loan officer regarding an association that was recently Rejected for an FHA Condominium Approval. He said that he has clients in the community trying to get a reverse mortgage but can’t becau...
06/02/2015
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ReadySetLoan Team
Residential, Commercial & Condo Financing Experts