Are the FHA Insurance Concentration or Owner-Occupancy Percentages based on the entire Condominium Project or individual phases?

FHA Insurance Concentration
FHA Insurance Concentration refers to the number of FHA-insured Mortgages within a Condominium Project.
FHA Insurance Concentration is calculated by dividing the total the number of Units with FHA-insured mortgages by the number of completed Units in the project.
When determining the number of completed Units (denominator) for a:
  • single-phase Condominium Project, all Units are used.
  • multi-phased Condominium Project, the total number of units in the first declared legal phase and cumulatively on subsequent legal phases are used.

For additional information see:


All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-02372