All properties have to be appraised and underwritten to qualify for financing. Since a CONDO or CONDOTEL (CONDO-HOTEL) has a group ownership structure, the process has a few more steps. These additional steps can be confusing to the borrower, so I've laid out a simple process to pollow.
FHA approved property Lookup https://entp.hud.gov/idapp/html/condlook.cfm
Fannie Mae approved property lookup https://www.fanniemae.com/singlefamily/project-eligibility-review-service
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