FHA Approved condos, Atlantic County, NJ updated for 2020

Here is a list of FHA approved condominiums in Atlantic County, NJ

Here is a list of FHA approved condominiums in Atlantic County, NJ.  Based on findings at HUD.gov. Financing for condos with an FHA loan can be challenge.  Under the revised guidelines – which took effect Oct. 15, 2019 – an individual condo unit in a building of 10 units or more may be eligible for spot approval if no more than 10% of the units are FHA-insured.  So even if a condo is not on the FHA approved list it may still be eligible for FHA financing.

If FHA financing is not an option there are other choices include USDA loan (100% financing), and some banks do offer a 3% conventional loan.  Contact us if you’re interested in financing a condo purchase.

RITON CONDOMINIUM

10 N ADAMS AVE
MARGATE, NJ 08402

THE FOUR SEASONS CONDO

DOLPHIN AVE
NORTHFIELD, NJ 08225

THE MEADOWS AT HAMMONTON

YORKTOWN BLVD
HAMMONTON, NJ 08037

THE VILLAGE AT LINWOOD

550 CENTRAL AVE
LINWOOD, NJ 08221

WATERVIEW CONDOMINIUM

824 MARSHALL CT
VENTNOR, NJ 08406

These condos are approved for as low as 3.5% down payment FHA home loans.

UPDATE:  2/21/2020.  We just sold a lovely 2 bedroom condo in Society Hill II in Galloway Township and the sale was approved via FHA with a spot approval.

 

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