The Ultimate Resource for
FHA Loans

FHAPros

Stay up to date on FHA and VA loan statuses

View FHA condominium data in real time.

Your clients and properties may be eligible for federal assistance, but the system of Federal Housing Authority (FHA) loans can be complex to navigate. That’s why there’s FHA Pros, the simplest way to check loan approval status with real-time government data on eligible condominiums. Loan assistance is exactly the sort of help your clients need from you, so be sure to check your listings for what’s available.

Guides to FHA Pros

All FHA Pros Guides

Matrix: How to Use FHA Pros for Condos

Paragon: How to Use FHA Pros for Condos

Features

Find assumable FHA, VA, and USDA mortgages

Access the FHA Single Unit Approval program

See clear indicators if a condo is FHA-approved

FHAPros FAQs

How does it work?

FHAPros’ Eligibility Indicators are integrated with RatePlug, allowing you to see each property’s FHA Eligibility Status directly within the MLS.

What are the benefits of FHA financing?

Buyers of properties with FHA financing may enjoy:

• Lower down payment options

• Easier credit requirements

• Less stringent underwriting guidelines

• Potential for assumable loans

Can FHAPros help to obtain FHA Eligibility?

Yes! Even for “red light” properties, FHAPros offers information on how associations can obtain FHA Eligibility for their condos or townhouses.For more information on the Association Product Co-Op, please contact CRMLS Chief Relationship Officer Sarah Trent Miranda at [email protected].

FHA Pros is available to Paragon users and Matrix users whose Associations have opted into it via the CRMLS Association Product Co-Op.

Current Association Opt-Ins

Get your Condo Association FHA Approved

A green light means the condominium is both approved and eligible for FHA mortgages. Yellow means that while the condominium has been approved by FHA, there may be conditions making the association ineligible, e.g. the current owner occupancy percentage or an approaching decertification date. Red means that the condominium is not FHA approved – but FHAPros offers members the services to obtain the approval.

Get it approved and eligible for FHA mortgages.

Agents pulling listings to show their FHA buyers can filter only FHA approved condominiums (i.e., green and yellow-lit properties), so they don’t waste time showing property that their buyers would be unable to close on.

The Ultimate Resource for FHA Loans