FHA Condo Approval Specialist: FHA Condo Approvals – HUD Offices Closed Monday July 22

FHA Condo Approvals – HUD Offices Closed Monday July 22

FHA Condo Approvals – HUD Offices Closed Monday July 22

As a reminder, the offices of HUD will be closed on Monday, July 22, 2013 as a result of the automatic spending cuts that are taking place government-wide.  This will delay processing of condominium approvals, insurance processing and responses to inquiries.

On designated furlough days, the HUD/FHA offices will be closed and the employees are forbidden to engage in any activities that are work-related.

On these furlough days, the following HUD/FHA services will still be available:

·        The FHA Resource Center will be open its normal business hours 8:00 AM to 8:00 PM and available to assist with FHA-related calls and emails (1-800-CALL-FHA or answers@hud.gov ).  Resource Center staff will not be able to escalate calls to the Homeownership Centers until the following business day.

·        FHA National Servicing Center Call Center will open during its normal business hours with FHA servicing related calls (1-877-622-8525)  Staff will not be able to escalate calls to the Homeownership Centers during furlough days.

·        HUD Internet Sites will be available for normal use although system support will not be available until the next business day.

·        Marketing and Management Contractors will be available to accept and process bids as well as maintain HUD Homes although any requests for support will not be available until the next business day.

The remaining furlough days are:

·        Friday, August 2

·        Friday, August 16

·        Friday, August 30

The Condominium Project Approval Team at ReadySetLoan is dedicated to helping condominium projects across the nation to obtain their approvals with FHA and the VA or become recertified with FHA.  We have assisted nearly 200 condominiums and we can help your association.

 

ReadySetLoan is an active member of the Connecticut and New England chapters of the Community Associations Institute (CAI) and is a frequent contributor to Common Interest Magazine as an expert in FHA/VA condominium project approvals.

 

Please contact us with any questions regarding FHA or VA condominium project approvals.  You can email me at askeric@readysetloan.com or call me at 404-433-4565. I will be happy to answer any of your questions.

 


FHA/VA Condo Approval Specialist

404-433-4565 Cell Phone

860-644-3772 Fax Phone

eric.boucher@readysetloan.com
ready set loan condo team

 

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 Check out our article in Common Interest magazine on page 19!

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Comment balloon 2 commentsReadySetLoan Condo Approval Team • July 20 2013 05:50AM

Comments

Eric, thanks for the "heads up"... since I have a condo buyer that we are constantly checking on the FHA approved units.  Even though she can use Conv 3% down financing ... the debt ratios are still higher for FHA.  More challenges!!

Posted by Dan Hopper, Denver Realtor / Author / Advocate/Short Sale (Keller Williams Realty Downtown LLC) over 5 years ago

Hopefully the furloughs will not create much of a hold up on things that are being processed. Thank you for the heads up.  

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) over 5 years ago

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