Should your Michigan Condominium Association Obtain FHA Certification?

The Federal Housing Administration (“FHA”) is a government-owned and operated insurance company which was established by the National Housing Act of 1934.  FHA insures home loans for buyers who typically cannot afford a conventional down payment.  To be clear, FHA does not lend taxpayer money and is not the originator of mortgage loans.  Thus, a ‘FHA backed loan’ provides a […]

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