1. Is your Condominium/Townhouse Project at least 50% Owner Occupied?
(* Even if your close you may still qualify)
2. Are there less than 15% total units delinquent in their HOA dues for the last 60 days?
3. Is there less than 25% of the Project used for Commercial Purposes?
(**Exception Requests: Percentage >25% but ≤ 35%- case by case basis)
If you have answered YES to these 3 questions, Take the Next Step and complete our Questionnaire.
These questions are a guideline for determining if your project meets minimum HUD Requirements.