Thinking of a VA and FHA loan?

Before you think VA or FHA loans are the way to go while purchasing your condominium in Arlington, Virginia, double check to make sure the building allows these loans. These loans have specific criteria to be approved in a building, and before you write up an offer/negotiate a contract, make sure the building allows them.

Factors that go into the approval of FHA and VA loans in a building include:

Percentage of owner occupants
Age of the building
Commercial property involvement
Budgets
Condominium reserves
Financial positions