Purchasing a condo can be a great alternative to a detached home due to lower upfront costs, fewer responsibilities, and a variety of on-site amenities. Plus, you may be able to qualify for an FHA loan on a condo with just 3.5% down so long as you have a credit score of at least 580.  However, only FHA-approved condos are eligible for agency financing, and not all properties choose to participate in the approval process. Thankfully, rule changes in recent years now allow prospective buyers to request single-unit approval on condos they’d like to purchase.    Read the article…………………………….