15% condo fee delinquency

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Answer #1

The only way it can be done is DU (Desktop Underwriter) Limited Review and the ratio is not mentioned in appraiser's report.

HUD does allow on a re-certification or new project approval a delinquency ratio of 20%. However, these are approved by HUD.

Answers Answered By: choicefinance.net Level Rating148points
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Answer #2

Yes, looks like FHA allows up to 20%

Answers Answered By: choicefinance.net Level Rating148points

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