Condominium Project Approval Document Collection

OMB 2502-0610

OMB 2502-0610

There are two project approval processing options available – the HUD Review and Approval Process (HRAP) or the Direct Endorsement Lender Review and Approval Process (DELRAP). Condominium project approval packages are submitted, processed and reviewed under one of the available options to determine eligibility of projects for insurance of a single unit condominium to be under an FHA mortgage. Condominiums have complex legal, financial and other documents that require review to assure FHA that the condominium project is stable with the expectation that the status will remain unchanged.

The latest form for Condominium Project Approval Document Collection expires 2021-01-31 and can be found here.

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