ReadySetLoan is an industry collaborative effort whose current focus is to educate condominium associations about the value of FHA and VA Condominium Project Approvals and assist them in obtaining the approval.
Since the beginning of 2010 ReadySetLoan has helped hundreds of condominium projects nationally to gain or maintain their FHA or VA approvals with a 100% success rate.
California's Orange County Association of Realtors® (OCAR) created an educational video for condominium associations as to the benefits of obtaining FHA and VA condominium project approvals.
If there were any certifications available for condominium project approvals, Eric would be sure to have them! He has attended FHA’s round table sessions, trainings, Industry phone calls, webinars and has spent HOURS on the phone with representatives from FHA and the VA.
There are currently no certifications in this field so he created his own: “FHA/VA Condo Approval Specialist”.
The services that he provides are extremely valuable in that the FHA and VA approval processes can be overwhelming for Associations and management companies. In fact, a project reviewer at FHA's Philadelphia Homeownership Center remarked that knowledgeable consultants such as Eric are becoming more valuable as FHA's guidelines have become tighter and more complex.
Eric's ultimate goal is to work diligently to make the process simple and straightforward thereby relieving much of the anxiety surrounding this process. His methods for gathering documentation and information from Homeowner's Associations and management companies greatly reduce the amount of time and energy required by each to complete the process.
As an example, a property manager recently expressed her gratitude for making the process so easy for her. Please read the recommendations below from happy clients, property managers, mortgage brokers and real estate professionals.
|Jim Banno, Property Manager, Imagineers, LLC|
|GREAT job Eric! I would be both honest and sincere in saying that your working knowledge of this matter coupled with your tenacious effort was instrumental in getting the community successfully approved by the FHA.|
|Sharri K, Property Manager, Imagineers, Hartford, CT|
|I have worked with Eric Boucher (ReadySetLoan Condo Team) for approximately five years. Finding Eric, and now Adelaide Diaz who has joined his team, has been like an enormous burden has been lifted off of my shoulders. As a Senior Property Manager in the Condominium business for over 28 years, I have seen a lot of changes in this business in the past several years and one of the most stressful changes had (yes, had) been the FHA challenges put upon us as Common Interest Community Managers. My first few attempts at getting my communities through the process were nothing short of completely frustrating and totally disillusioning. We had hired a company TO DO the work of processing the communities through the system to get us approved and here I was, doing ALL of the work while managing 12 communities. Who has that kind of time? As I'd never done this before, I had no idea what this would entail, but I certainly didn't expect to be running to town halls, Secretary of the State's office, making copies of Plat Maps, taking photos, etc., etc., etc. With every submission came a rejection letter and another laundry list of items still needed or what I may have submitted incorrectly. The list goes on and on. It was discouraging and overwhelmingly time consuming. Enter Eric Boucher. Easy Street. Eric does all the legwork. He provides a list of what he needs from the Management Company and it's everything we should have on hand. If it's not, HE will get it! Imagine that?? It's a completely seamless process in Eric and Addie's world. They are quick, efficient and helpful. And very pleasant to work with. I would not hesitate for a moment to recommend Eric's company for FHA Recertification. I have not used the services of anyone else since finding ReadySetLoan Condo Team and do not plan to go elsewhere again. I would be happy to chat with anyone considering hiring his firm or answer any questions that you might have about him, his company or the process.|
|Douglas Manion; Attorney at Kahan, Kerensky & Capossela, LLP|
|A client of mine was the President of a Condominium Association which needed to quickly obtain FHA approval for the condominium complex. I referred her to Eric and he responded immediately and in a very short period of time was able to obtain FHA approval for the condominium complex. My client sent me an e-mail telling me how extremely happy she was with the job Eric did on behalf of the condominium complex. I would gladly refer Eric to anyone in need of his professional services|
|Jacob Derring, Accent Management Services|
|I am writing this letter to let ReadySetLoan Condo Team, LLC, know how pleased I was with Eric Boucher. Eric is a very polite, enthusiastic, dedicated employee and it was a pleasure to work with him. Mr. Boucher worked diligently and had past all expectations of the job. Eric was able to get Pleasant Valley Condominium Association FHA approved. This was not an easy task; however, Eric was exceptional and followed through with his job. Eric has wonderful work presence and is well spoken and polite. Mr. Boucher is very well versed in his job and it was a pleasure to work with him. It is not often you come across a person like this, so I felt a strong need to notify ReadySetLoan about their exceptional employee, Mr. Eric Boucher. Thank you for providing excellent Customer Service.|
|Jeannette, Property Manager Metro View Condominiums|
|Our condo association recently was recertified with FHA. Eric's assistance through this process was a perfect example of excellent customer service. He delivered as promised, always responding quickly to our questions and requests, all the while keeping us informed as to what to expect from the process. Our association during this project made my job as the Condo Manager sooo easy! I would recommend his services to any association for results and ease of process for a reasonable price.|
|Sheila, Property Manager, Imagineers|
|I recently had the opportunity to work with Eric Boucher and Adelaida Diaz of ReadySetLoan Condo Team to help obtain FHA approval for a condominium association that I manage, and I would like to express my appreciation for the excellent service that they provided. Both Eric and Adelaida were extremely efficient in putting together all the information that was required and the application was submitted to FHA promptly for review. Throughout the review process, I was kept up to date on any questions regarding the application. Once FHA approval was obtained, I was promptly notified of the approval and the expiration date. I was surprised that it took less than two weeks from the time the application was submitted for review to receive the approval. The experience and expertise ReadySetLoan Condo Team displayed throughout this project resulted in a truly enjoyable experience for everyone involved, as well as a successful end result and a very pleased Board of Directors for the Association.|
|Tatyana Makarov, Coldwell Banker|
|I have a condo for sale in Manchester. Unfortunately this complex wasn't FHA approved. Eric Boucher approved it in just couple of weeks! I am impressed!!! I would recommend Ready Set Loan to anybody. I would recommend him to everybody.|
|Peter Gilmore; The Hamlet of Enfield|
|I am the current President of The Hamlet of Enfield and for the past two years our condominium site has been able to sell condominiums on a regular basis because we are FHA approved. I am sure many of you are skeptical and blame FHA loans for some of the foreclosures since the real estate crisis affected all of our complexes. The new FHA loan process is very difficult for buyers and benefits condominium associations so I would encourage all Presidents to reevaluate allowing FHA buyers in your complex if you decide against it in my opinion you would be doing a disservice to your association. Eric Boucher is a expert in this field and interacts with HUD on a regular basis. I found Eric to be honest and he knows how to get an approval which is extremely difficult and time consuming but Eric deals with it all and made me look very smart for giving him the opportunity. I strongly recommend Eric Boucher to all condominium associations that are attempting to become FHA approved his knowledge of the process and honesty with his clients are as good as it gets.|
|Tina McNulty, Strawberry Woods Condominiums|
|Though I serve as the Treasurer of a small, self-managed condominium complex, I have no financial experience or background. With this in mind, seeking FHA approval for our complex seemed like a vitally important, but unfortunately impossible undertaking. That is, until I connected with Eric. He led our board through the process step by step and ensured we provided every piece of documentation required. He explained all the financial materials needed and helped me prepare what we currently did not have. I'm sure Eric typically deals with professionals that have much more financial experience than I do. He had a vast amount of patience and never hesitated to answer all of my many questions. He went above and beyond - explaining what we needed to do to establish an appropriate reserve, assisting in preparation of a balance sheet, and helping us explain details of existing litigation and loans. When a small challenge presented itself near the end of the process, Eric was persistent - following through and making all the calls needed. The last thing to be said is the positive result … the complex is now FHA approved thanks to Eric’s expertise and hard work|
|Kit Crowne, Right Trac Financial Group|
|As a mortgage broker, I frequently work with borrowers who are purchasing or refinancing condominiums. When these borrowers learn that their preferred financing is imperiled by the fact that the condominium association is not approved by HUD/FHA, Eric is my secret weapon. Eric brings unparalleled expertise and knowledge of the HUD/FHA condominium project approval requirements. He is able to quickly map-out the action steps and provide both a speedy and affordable plan for obtaining an approval. On countless occasions, his services have resulted in a successful outcome for my clients and for the condo association as a whole.|
|Ed, Collier Farms Condominiums, Wethersfield, CT|
|I met Mr. Boucher through our property manager. He came highly recommended as he had worked with other condo associations managed by this property manager. Before beginning the process, however, I met with Mr. Boucher and found him to be vibrant and personable. In speaking with him, it became immediately clear to me that his expertise what exactly for what I had been searching. We began the process that same day and Mr. Boucher maintained communication with me during the process. He facilitated collecting the documents including going to City Hall to make copies of the recorded legal documents. There were delays in processing due to internal issues with the property management company and Mr. Boucher was diligent in his efforts to obtain the required documents. Mr. Boucher was able to submit a complete package to HUD and my condominium association was approved on its initial submission. I was thrilled to have received such great news and to be able to move forward with my refinance.|
|Mike and Chrystal, G&W Management, Inc.|
|We have recently had the good opportunity to use Eric Boucher from Integrated Processing Solutions to secure an FHA approval for one of the condo complexes we manage. Eric Boucher, the FHA condo approval specialist was great. Eric did everything he promised to and in the exact time frame that we expected. The Fox Hill Condo Association was so thrilled to get the good news so quickly. We at G&W Management Inc. would highly recommend using Eric Boucher."|
|Michele, Elite Property Management|
|"I wanted to take a moment to write of my appreciation for the work that Eric Boucher of Integrated Processing Solutions has done for a number of clients that I manage through Elite Property Management. His efforts to get the condominium associations FHA approval were greatly appreciated. I would surely recommend Eric Boucher to provide this service for any association in need of gaining FHA approval."|
|Jennifer, 1776 TownHomes, Ellington, CT|
|"As a past customer of Eric Boucher, I am pleased to recommend his services. Eric was indispensable in assisting our condominium association with obtaining FHA approval. The process was much more detailed and rigorous than I and the other board members had initially thought. Eric provided us with an easy to use checklist and list of documents required to submit the correct packet of information to the U.S. Department of Housing and Urban Development. Since our association was unfamiliar with the process, we had numerous questions, and Eric was responsive to our inquiries regarding the materials we needed to put together."|
|Jon Sigler, Flagstar Mortgage|
|There are few true experts in the field of FHA condo approvals and Eric is one of those few. As FHA condo approvals expire associations and management companies need the services of a pro like Eric to help keep their approvals, an FHA approval can maintain or increase unit values and make them more saleable. He has the process down to a science. I recommend just one person for FHA condo approval's, Eric|
|Joe Petrowsky, Right Trac Financial Group|
|There are so many condominium projects that need to get approved to allow new government and conventional loans. Without an expert to assist the associations with this approval process, lenders won't lend and these properties can't be resold, that is unless someone is paying cash. Eric is one of the true professional in this area and he knows and understands the process. There are other companies, doing similar work that charge 3 or 4 times as much. Eric thank you for the work you do!|
|Brian, Quonnipaug Hills Section III, Guilford, CT|
|"The accuracy and completeness of the checklists and guidance that Eric has to offer turns the FHA approval process from a daunting, seemingly endless task into a mere couple of days of paperwork gathering and mailing. My Condominium Association was approved by the FHA on first glance with only a few minor follow-up questions from the FHA due to Eric's assistance in the process."|
|When I was looking to refinance my mortgage, I knew Eric was the right person to go to. Eric is extremely knowledgeable about the mortgage industry, and specifically what options would be available to me. We worked together to determine the best option, and quickly moved right into the process. What stands out the most for me about Eric is that he was "on top" of every detail in the process. When the bank needed additional information, Eric was there to help me gather what was needed. He made the refinance process seem so easy for me! I have already recommended Eric to friends, and will continue to do so. He is a pleasure to work with|
|Donna Connolly, Anne Miller Real Estate|
|When I worked with Eric, he was very hands on and available to answer any questions my Buyer and I had in our transaction. I hope to work with him again.|
|Jennifer Smith, Insurance Agent, Howland and Sargent|
|I referred clients to Eric who were purchasing a new home and they hit it off right away! I knew I could trust he would take the best care of them and they would feel comfortable. I will always refer my friends, family and clients to Eric for their mortgage needs. I am fully confident it will be a great experience! Thanks, Eric|
|Katherine Niver, Real Living Realty Professionals|
|Eric always delivered as promised both to me and my clients! He went to great lengths to explain the loan process to my clients and kept me informed along the way. I really appreciate that kind of customer service. For me, it is pure gold to have found Eric because I know I can count on him delivering as promised. Thank you, Eric!|
My ultimate goal is to work diligently to make the FHA and VA Condo Approval processes as simple and straightforward as possible.