The new condominium approval process that was finalized in Mortgagee Letter 2011-22, laid out the two approval processes for lenders to verify that projects meet the necessary criteria for FHA lending. The FHA is offering training to help industry professionals understand these processes.
For lenders who are interested in learning about the condominium approval process, each of the regional Homeownership Centers (HOC) will be offering a two-day training event, "Using the Condominium Project Approval and Processing Guide." The training event is open to all industry professionals and other interested parties.
Condo Training Locations and Dates:
September 08-09, 2011 - Denver Homeownership Center. Register HERE.
September 12-13, 2011 - Santa Ana Homeownership Center. Register HERE.
September 22-23, 2011 - Atlanta Homeownership Center. Register HERE.
September 27-28, 2011 - Philadelphia Homeownership Center. Register HERE.