{"id":608,"date":"2015-05-23T08:15:44","date_gmt":"2015-05-23T08:15:44","guid":{"rendered":"http:\/\/teammovemortgage.com\/2014\/08\/03\/searching-for-va-approved-condos\/"},"modified":"2020-07-13T22:35:04","modified_gmt":"2020-07-13T22:35:04","slug":"va-approved-condo-search","status":"publish","type":"post","link":"https:\/\/teammovemortgage.com\/blog\/va-approved-condo-search\/","title":{"rendered":"Searching for VA approved condos"},"content":{"rendered":"<figure id=\"attachment_962\" aria-describedby=\"caption-attachment-962\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-962 size-full\" src=\"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2014\/08\/VA-approved.jpg\" alt=\"Search for a VA approved condo for no money down\" width=\"300\" height=\"300\" \/><figcaption id=\"caption-attachment-962\" class=\"wp-caption-text\">Search VA approved condo for no money down<\/figcaption><\/figure>\n<h2>VA Approved Condo Search<\/h2>\n<p>Buying a condo means low maintenance and care-free living.\u00a0 Did you know that you can buy a condo with a VA loan?\u00a0 You can but there is one major requirement.\u00a0\u00a0The condo must be on the\u00a0Approved Condo List!\u00a0 Basically the condo project must be &#8220;Accepted without conditions&#8221; or\u00a0&#8220;HUD Accepted&#8221;.\u00a0 So if the condo project\u00a0is approved, you could use a VA loan for potentially a no money down purchase.<\/p>\n<h3>How to Search for a VA Approved Condo<\/h3>\n<ul>\n<li><a href=\"https:\/\/vip.vba.va.gov\/portal\/VBAH\/VBAHome\/condopudsearch\"><span style=\"text-decoration: underline;\"><strong>Click here for condo search<\/strong><\/span><\/a><\/li>\n<li>Select &#8220;Details&#8221; in section 1<\/li>\n<li>Check the box for &#8220;Retrieve only approved condos&#8221;<\/li>\n<li>Search at least by &#8220;state&#8221;<\/li>\n<\/ul>\n<h3>Tips for using the VA Approved Condo Search Site:<\/h3>\n<ul>\n<li>It is best not to type in the name of the condo complex as sometimes the condo will not show even if you type it exactly right.\u00a0 You can try though<\/li>\n<li>If you want to search a small area, search by city and then search by the county separately.\u00a0 Sometimes condos will show on one and not the other<\/li>\n<li>VA\u00a0can finance the purchase or refinance of VA approved condo complexes.\u00a0 Terms are even available up to 30 year terms on condos.<\/li>\n<li>If you have a hard time, try just looking by state only<\/li>\n<\/ul>\n<p>Keep in mind that if the property is a townhome, these requirements do not apply.\u00a0 If you are having a hard time finding VA eligible condos, call one of our offices and we will help you search.<\/p>\n<p>[av_button_big label=&#8217;Contact Team Move Mortgage for VA Approval&#8217; description_pos=&#8217;below&#8217; link=&#8217;manually,http:\/\/teammovemortgage.com\/contact-us\/&#8217; link_target=&#8217;_blank&#8217; icon_select=&#8217;no&#8217; icon=&#8217;ue800&#8242; font=&#8217;entypo-fontello&#8217; custom_font=&#8217;#ffffff&#8217; color=&#8217;theme-color&#8217; custom_bg=&#8217;#444444&#8242; color_hover=&#8217;theme-color-subtle&#8217; custom_bg_hover=&#8217;#444444&#8242;]<br \/>\nLet us know the area or condo you are interested in<br \/>\n[\/av_button_big]<\/p>\n<p>Currently, there are\u00a01473 approved condos\u00a0in North Carolina.\u00a0 Additionally, there are\u00a0266 in South Carolina and 2532 in Virginia.\u00a0 So VA eligible buyers have plenty to choose from.<\/p>\n<h2>VA Condo Approval Types:<\/h2>\n<p><strong>Accepted Without Conditions.\u00a0<\/strong>The complex\u00a0been reviewed and approved by VA.\u00a0 In other words, a buyer may use a VA loan to finance the condo.<\/p>\n<p><strong>HUD Accepted.<\/strong>\u00a0 Prior to December 2009, VA accepted any condo project\u00a0by FHA\/HUD.\u00a0 Condos are grandfathered if HUD approved prior to this date.\u00a0 Although, if a condo is only HUD Accepted, we will call VA just to make sure it is approved.<\/p>\n<p><strong>Unaccepted.<\/strong>\u00a0\u00a0Condos with this status\u00a0are not approved.\u00a0 Though it may because VA has never reviewed the project.<\/p>\n<h2>VA Condo Complex Approval Process<\/h2>\n<p>So,\u00a0what is the process for VA condo approval?\u00a0\u00a0We are glad to help submit the condo\u00a0complex to VA.\u00a0\u00a0\u00a0Most of all, it is important to have the cooperation of the association and management.\u00a0 The condo association\u00a0can provide required documentation\u00a0for\u00a0submission to VA.\u00a0 We would be glad to help in this submission.\u00a0 So if you are a Realtor, seller of a condo, a condo association, or a buyer, contact our team for assistance.<\/p>\n<h4><em><strong>\u00a0<\/strong><\/em><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>VA Approved Condo Search Buying a condo means low maintenance and care-free living.\u00a0 Did you know that you can buy a condo with a VA loan?\u00a0 You can but there is one major requirement.\u00a0\u00a0The condo must be on the\u00a0Approved Condo List!\u00a0 Basically the condo project must be &#8220;Accepted without conditions&#8221; or\u00a0&#8220;HUD Accepted&#8221;.\u00a0 So if the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,57,33,17,48],"tags":[55,56,58,9,10,11,12,13,310,18,311,20,47,103,49,21,139],"class_list":["post-608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1st-time-buyers","category-condos","category-frequently-asked-questions","category-products","category-va-loans","tag-approved-condos","tag-condominiums","tag-condos","tag-first-time-buyers","tag-homebuyers","tag-low-down-payment","tag-lumberton-board-of-realtors","tag-mortgage-faqs","tag-pinehurst-southern-pines-association-of-realtors","tag-realtors","tag-sanford-area-association-of-realtors","tag-team-move","tag-va-home-loans","tag-va-refinance","tag-va-requirements","tag-wrar","tag-wrightsville-beach-nc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Searching for VA Approved Condo for a VA mortgage loan<\/title>\n<meta name=\"description\" content=\"A VA Approved Condo is available for no money down VA home loans. 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