The Federal Housing Administration guarantees home certain loans offered through conventional lenders, these are known as FHA Loans. These unique loans allow homebuyers to use a smaller down payment and sometimes to have lower credit scores than lenders typically require for conventional mortgages. Traditionally, FHA guaranteed loans for condo purchases only if the entire association had been approved for FHA financing, but new regulations in 2019 introduced single-unit approval processes to help owners find affordable options even if a community has not met the overall recertification standards.    Read the article………………………………….