Buying a condo in terms of the loan itself is the same as any other property. BUT, the Condo Association MUST BE FHA approved. If it isn't, you can't buy the property until it is approved, which is a process the association has to go through. You can check to see if a condo is FHA approved by following this link: https://entp.hud.gov/idapp/html/condlook.cfm
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