photo credit: Dru Bloomfield – At Home in Scottsdale
Many times you will find a condo that’s been listed in the MLS system that indicates that it qualifies for FHA financing. However, not all condos that have this designation in the MLS have actually gone through the approval process, so it’s worth the extra step to verify through the U.S. Department of Housing and Development web site.
My understanding is that it takes at least 3-4 months for the approval process to be completed, but that occasionally spot approvals can be given.
Here’s the current list of FHA approved Scottsdale condo communities, as of today:
- Casabell Condominiums
- Casitas Chaparral Condominiums
- Club Scottsdale Condominiums
- Discovery at Tatum Place I & II
- El Chaparral Villas Condo
- Hallcraft Villas Scottsdale
- La Contessa Condominiums
- Las Hadas Villas Condominiums
- Los Coronados Amended
- Marble Condominiums
- Mira Vista Condominiums
- Monterra Scottsdale Residences
- Optima Camelview Village Condo
- Condominiums
- Park Scottsdale Townhouse I & II
- Parkview Villas of Scottsdale
- Rancho Antigua
- Sarkis Manor Condominiums
- Scottsdale Casitas Condominium
- Scottsdale Parkway Condominium
- Scottsdale Shadows Regime III & IV
- Scottsdale Somerset Condo
- Scottsdale
- Villas
- Summerfield Units 1-5 Condos
- The Center Court Condominiums
- The Plaza Residences
- Villa Estados Condominiums
- Condominiums
- Walden Place III
For a few more details on the approval criteria, you can read Your Condo Needs to be FHA Approved or FHA Spot Approvals.
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