Following is Part 1 of a list of FHA-approved Condominium projects in Portland, Oregon. (Future posts will also show FHA-approved condos in Tigard and Lake Oswego, Oregon.) CLICK here for Part 2 of the list of Portland FHA Approved Condominiums.
***UPDATED 10/2/08 – for a complete, up-to-date list of FHA-approved condominiums by state CLICK HERE.***
FHA financing is becoming popular once again with buyers, particularly first-time buyers, due to the new increased loan limit of $418,750 here in Portland, Oregon. When considering purchasing Condos or Townhouses the condo projects must have already been approved by the FHA and HUD and be on the FHA-approved condominium list provided below in order to obtain FHA financing:
You can borrow up to 97% financing for a purchase and up to 95% for a refinance. The down payment can be 100% gift and Down Payment Assistance Programs are allowed DPA programs are ending October 1, 2008. Down payments will be increased to 3.5%. A seller can pay up to 6% towards allowable closings costs and/or pre-paids. There are no reserve requirements and no minimum credit scores. Make sure you speak to a lender and get pre-approved before you decide to make an offer. FHA loan amounts vary from state to state, so make sure you check on your particular area and become familiar with the requirements where you live.
FHA APPROVED CONDOS IN PORTLAND, OREGON
| Name/Alias | Condo ID | City | State | Zip Code | Status | Field Office |
| RVINGTON IRVINGTON |
065-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| ABITARE CONDOMINIUMS ABITARE CONDOMINIUMS |
222-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| ANDREA TERRACE ANDREA TERRACE |
002-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| APPLEGATE APPLEGATE |
003-VA 001 | PORTLAND | OR | 972190000 | Approved | Portland, OR |
| BINFORD BINFORD |
007-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| BRAEWOOD CONDOMINIUMS BRAEWOOD CONDOMINIUMS |
247-VA | PORTLAND | OR | Approved | Portland, OR | |
| BROOKHURST CONDOMINIUMS BROOKHURST CONDOMINIUMS |
229-VA | PORTLAND | OR | Approved | Portland, OR | |
| BROWNSTONE HOMES,A CONDOMINIUM BROWNSTONE HOMES CONDO ASSOC. |
BROWNSTON | PORTLAND | OR | 972290000 | Approved | Portland, OR |
| CANTERBURY HEIGHTS CONDOMINIUM CANTERBURY HEIGHTS OWNERS ASSO |
CTRBRYHTS004 | PORTLAND | OR | 972240000 | Approved | Portland, OR |
| CANTERBURY HEIGHTS CONDOMINIUM CANTERBURY HTS. OWNERS ASSOC. |
CTRBRYHTS005 | PORTLAND | OR | 972240000 | Approved | Portland, OR |
| CANTERBURY HEIGHTS CONDOMINIUM CANTERBURY HEIGHTS CONDOMINIUM |
CTRBRYHTS006 | PORTLAND | OR | 972240000 | Approved | Portland, OR |
| CANTERBURY HEIGHTS CONDOMINIUM CANTERBURY HEIGHTS OWNER ASSOC |
CTRBRYHTS007 | PORTLAND | OR | 972240000 | Approved | Portland, OR |
| CANYON DRIVE CANYON DRIVE |
015-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| CAPITOL HILL CONDOMINIUMS CAPITOL HILL CONDOMINIUMS |
CAPITOLHI | PORTLAND | OR | 972190000 | Approved | Portland, OR |
| CARLISLE CONDOMINIUM CARLISLE CONDOMINIUM |
252-VA | PORTLAND | OR | Approved | Portland, OR | |
| CEDAR TERRACE CONDOS CEDAR TERRACE CONDOS |
233-VA | PORTLAND | OR | Approved | Portland, OR | |
| CITADEL CONDOMINIUMS,THE CITADEL CONDOMINIUMS,THE |
205-VA | PORTLAND | OR | Approved | Portland, OR | |
| CK TOWNHOUSES CK TOWNHOUSES |
013-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| COLUMBIA POINTE COLUMBIA POINTE |
023-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| COLUMBIA WAY CONDOMINIUM COLUMBIA WAY CONDOMINIUM ASSOC |
COLUMBIA | PORTLAND | OR | 972030000 | Approved | Portland, OR |
| COMUS PLACE COMUS PLACE |
025-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| COOPER STREET BUNGALOW COURTS COOPER STREET BUNGALOW COURTS |
COOPER | PORTLAND | OR | 972060000 | Approved | Portland, OR |
| COPPERFIELD COPPERFIELD |
027-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| CORNELL MEADOWS CORNELL MEADOWS |
028-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| COTTAGES AT CUSHMANS DOWNS COTTAGES AT CUSHMANS DOWNS |
163-VA 1-6 | PORTLAND | OR | 972360000 | Approved | Portland, OR |
| COURTYARDS AT SPRINGVILLE COURTYARDS @ SPRINGVILLE |
CRTYDS@SP | PORTLAND | OR | 972290000 | Approved | Portland, OR |
| CRAWFORD HOUSE CONDOMINIUMS CRAWFORD HOUSE CONDOMINIUMS |
185-VA | PORTLAND | OR | Approved | Portland, OR | |
| DEODAR DEODAR |
032-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| DOWNTOWN VILLAGE, THE DOWNTOWN VILLAGE, THE |
230-VA | PORTLAND | OR | Approved | Portland, OR | |
| EASTSIDE OAK STREET ROWHOUSES EASTSIDE OAK STREET ROWHOUSES |
034-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| EDGEWATER HOUSE CONDOMINIUMS EDGEWATER HOUSE CONDOMINIUMS |
243-VA | PORTLAND | OR | Approved | Portland, OR | |
| ELIZABETH LOFTS CONDOMINIUMS ELIZABETH LOFTS CONDOMINIUMS |
ELIZABETH001 | PORTLAND | OR | 972090000 | Approved | Portland, OR |
| FAIRWAY CREST FAIRWAY CREST |
039-VA 1-3 | PORTLAND | OR | Approved | Portland, OR | |
| FANNO POINTE CONDO-PHASE 1&2 FANNO POINTE CONDO OWNERS ASSO |
FANNO | PORTLAND | OR | 972230000 | Approved | Portland, OR |
| FARGO ROW CONDOMINIUMS FARGO ROW CONDOMINIUMS |
FARGO ROW | PORTLAND | OR | 972270000 | Approved | Portland, OR |
| FIREHOUSE RIDGE FIREHOUSE RIDGE |
041-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| FOSTER VILLAGE FOSTER VILLAGE |
FOSTER | PORTLAND | OR | 972360000 | Approved | Portland, OR |
| FRANCISCAN VILLAS FRANCISCAN VILLAS |
045-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| FREMONT VILLAGE PARK FREMONT VILLAGE PARK |
176-VA | PORTLAND | OR | Approved | Portland, OR | |
| GABRIEL COMMONS GABRIEL COMMONS |
046-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| GANDERRIDGE GANDERRIDGE |
047-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| GARDEN TERRACE GARDEN TERRACE |
165-VA | PORTLAND | OR | Approved | Portland, OR | |
| GATEWAY ARBORS CONDOMINIUMS GATEWAY ARBORS CONDO ASSOC. |
GATEWAYAR001 | PORTLAND | OR | 972200000 | Approved | Portland, OR |
| GATEWAY ARBORS CONDOMINIUMS GATEWAY ARBORS CONDO ASSOC. |
GATEWAYAR002 | PORTLAND | OR | 972200000 | Approved | Portland, OR |
| GATEWAY ARBORS CONDOMINIUMS GATEWAY ARBORS CONDO ASSOC. |
GATEWAYAR003 | PORTLAND | OR | 972200000 | Approved | Portland, OR |
| GATEWAY CONDOMINIUMS GATEWAY CONDOMINIUMS |
281 | PORTLAND | OR | 972200000 | Approved | Portland, OR |
| GATEWAY TOWERS CONDOMINIUM **GATEWAY TOWERS CCONDOMINIUM |
GATEWAYTOA | PORTLAND | OR | 972200000 | Approved | Portland, OR |
| GLENNBROOKE RIDGE GLENNBROOKE RIDGE |
048-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| HALSEY GREEN HALSEY GREEN |
052-VA 001 | PORTLAND | OR | Approved | Portland, OR | |
| HAYDEN BAY HAYDEN BAY |
054-VA 001 | PORTLAND | OR | Approved | Portland, OR |
© Copyright 2008-2009 Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is a violation of federal copyright laws.

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