Industry NewsNews Brief

CAR subsidiary launches FHA approval tool

Product helps condo associations, company says
Published on Feb 2, 2011

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by CareyBot

Real Estate Business Services Inc., a subsidiary of the California Association of Realtors, has teamed with FHA Pros LLC to launch a product that checks for FHA loan eligibility and offers assistance in the FHA loan approval process.

The Clarus FHA Approval product includes two services:

  • Approval Services helps condominium homeowners associations meet regulations from the U.S. Department of Housing and Urban Development (HUD) that require an entire condo development be approved before an FHA loan may be granted for a single unit ...

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