FHA Approved Homes

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oclancasters_IHB

New member
Is there a list of homes that are approved for FHA home loans? Or types of homes? I'm learning that condos, or at least some condos, do not accept FHA approved loans.
 
We received FHA approval on a home in Talega, but cancelled that. Throughout the process, however, I hearn nothing about certain "homes" being FHA approved. Rather, you need to meet FHA's criteria and the appraisal must be satisfactory. The latter may be the problem with certain condos/townhomes - i.e. $450k sales price, $399 appraisal - in that event, they would require you to pay the difference.
 
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