|FHA loans for cohousing members and HOA docs||<– Date –> <– Thread –>|
|From: Versgrove, Mary Beth (mb-versgroveuiowa.edu)|
|Date: Tue, 19 Jan 2016 17:16:48 -0800 (PST)|
I interested in learning from any co-housing community which has had experience with members going through conventional mortgage approval, i.e. FHA, Fannie Mae or Freddie Mac process. Is this something other communities are offering? We are currently accruing members at Prairie Hill in Iowa City, Iowa and curious to know what other communities have learned in regard to these approval processes. Also I understand that Homeowners Association docs are required for the process. Our community needs to develop a draft HOA document and I am interested to know if there is a good way to begin this seemingly enormous task. (I was drafted!) Any assistance would be much appreciated. Please feel free to e-mail me directly if you wish. Thank you. Mary Beth Versgrove Iowa City Co-housing at Prairie Hill
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