Can a loan close if the condominium project approval expires after the case number is assigned?

If the FHA Condominium Project approval expires after a case number is assigned, the loan may continue to be processed as an approved project.

For more information regarding condominium projects refer to:
HUD Policy Determination

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-03958