FHA home loans explained for first-time buyers
Buying a condo with FHA
The friendly answer
FHA condo purchases generally need the project to be approved, or the unit to qualify through single-unit approval. Ask the listing agent or lender early whether the project is on the approved list. If not, approval can take time or may not be possible.
Last reviewed against the primary sources listed below.
Check
- Project approval status.
- Whether single-unit approval is available.
First-time buyers often ask
Can I use FHA for a condo?
Yes, if the project or unit is approved.
How do I know if a condo is FHA approved?
Ask your lender or agent to check.