Foothill Ranch FHA Approved Condos and Townhomes

Foothill Ranch FHA Approved Condos and Townhomes

Foothill Ranch: There are five neighborhoods, or tracts, of homes designated as condominiums in Foothill Ranch. Of the five neighborhoods of condos, four are attached condos/townhomes (Salerno, Meadowview, Vineyards, and Tuscany). The remaining tract, Brittany, is a neighborhood of detached condominiums. As of September 27th, 2011 Salerno is the only condo project that is FHA approved in Foothill Ranch.

An Ounce Of Prevention: If you are planning on using an FHA loan to finance a condo it is vital to know ahead of time (before you waste time and effort touring homes that are not eligible) which tracts/neighborhoods of condos are FHA approved. There is no exception to this FHA rule... the project/tract/neighborhood must be FHA approved.

Dave's Tip: It is also prudent to check the expiration date of a project's FHA approval. At present time fewer and fewer condo projects are eligible to retain FHA approval after the expiration date transpires. You must have the FHA approval number on your loan prior to expiration date for the project.

FHA Approved Condos For Sale In Foothill Ranch