Here is Part 2 of the Portland FHA approved Condominium list.

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.

***UPDATE: 10/2/2008 For an up-to-date list of FHA-approved condominiums by state, CLICK HERE“”".

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.

Following is Part 2 of the FHA-approved Condominium projects in Portland, Oregon.  CLICK HERE for the link to the Part 1 list for Portland.  Two other posts were written for FHA Approved Condos in Lake Oswego (CLICK HERE) and Tigard (CLICK HERE) as well.

PORTLAND OREGON APPROVED FHA CONDOMINIUM LIST – PART 2

Name/Alias	Condo ID	City	State	Zip Code	Status	Field Office
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
HILLSDALE HOLLOW HILLSDALE HOLLOW	058-VA 001	PORTLAND	OR		Approved	Portland, OR
HOLMAN GARDENS HOLMAN GARDENS	060-VA 001	PORTLAND	OR		Approved	Portland, OR
IRVING HOUSE CONDOMINIUMS IRVING HOUSE CONDOMINIUMS	223-VA	PORTLAND	OR		Approved	Portland, OR
JANTZEN BEACH VILLAGE JANTZEN BEACH VILLAGE	068-VA 001	PORTLAND	OR		Approved	Portland, OR
LADON LADON	072-VA 001	PORTLAND	OR		Approved	Portland, OR
LANDING,THE LANDING,THE	074-VA 001	PORTLAND	OR		Approved	Portland, OR
LINNAE TOWNHOME CONDOMINIUMS LINNAE TOWNHOME CONDOMINIUMS	265-VA	PORTLAND	OR		Approved	Portland, OR
LLOYD DISTRICT CONDOMINIUM LLOYD DISTRICT CONDOMINIUM	251-VA	PORTLAND	OR		Approved	Portland, OR
LOMA ACRES LOMA ACRES	078-VA 001	PORTLAND	OR		Approved	Portland, OR
MARKEE MARKEE	081-VA 001	PORTLAND	OR		Approved	Portland, OR
MONTEREY TERRACE MONTEREY TERRACE	084-VA 001	PORTLAND	OR	972660000	Approved	Portland, OR
MOUNTAIN FIR MOUNTAIN FIR	085-VA 001	PORTLAND	OR		Approved	Portland, OR
NORTH PARK LOFTS NORTH PARK LOFTS	NORTHPARK	PORTLAND	OR	972090000	Approved	Portland, OR
OLD FORESTRY COMMONS OLD FORESTRY COMMONS	092-VA 001	PORTLAND	OR		Approved	Portland, OR
OLD FORESTRY CONDOMINIUMS OLD FORESTRY CONDOMINIUMS	238-VA 2-6	PORTLAND	OR		Approved	Portland, OR
ORCHARD HILL ORCHARD HILL	095-VA 001	PORTLAND	OR		Approved	Portland, OR
PEARL LOFTS CONDOS PEARL LOFTS CONDOS	234-VA	PORTLAND	OR		Approved	Portland, OR
PINE KNOTT PINE KNOTT	105-VA 001	PORTLAND	OR		Approved	Portland, OR
PORTLAND PLAZA PORTLAND PLAZA	108-VA 001	PORTLAND	OR		Approved	Portland, OR
QUAYSIDE QUAYSIDE	110-VA 001	PORTLAND	OR		Approved	Portland, OR
RALEIGHWOOD RALEIGHWOOD	111-VA 001	PORTLAND	OR		Approved	Portland, OR
RED TAIL CANYON CONDOMINIUMS RED TAIL CANYON CONDOMINIUMS	REDTAILCY	PORTLAND	OR	972660000	Approved	Portland, OR
RIVERPLACE RIVERPLACE	116-VA 001	PORTLAND	OR		Approved	Portland, OR
RIVERVIEW CONDOMINIUM RIVERVIEW CONDOMINIUM	RIVERVIEW	PORTLAND	OR	972300000	Approved	Portland, OR
ROCKWOOD VILLAGE ROCKWOOD VILLAGE	119-VA 001	PORTLAND	OR		Approved	Portland, OR
ROUND HILL CONDOMINIUMS ROUND HILL CONDOMINIUMS	C180-VA	PORTLAND	OR	972250000	Approved	Portland, OR
ROYAL MANOR ROYAL MANOR	120-VA 001	PORTLAND	OR		Approved	Portland, OR
SAN FRANCISCO SQUARE SAN FRANCISCO SQUARE	123-VA 001	PORTLAND	OR		Approved	Portland, OR
SHADY GROVE CONDOMINIUMS SHADY GROVE CONDOMINIUM ASSOC.	SHADYGROV	PORTLAND	OR	972160000	Approved	Portland, OR
SYLVAN HEIGHTS CONDOMINIUMS SYLVAN HEIGHTS CONDOMINIUMS	219-VA 001	PORTLAND	OR		Approved	Portland, OR
THE QUINTET CONDOMINIUMS THE QUINTET CONDOMINIUMS	278-VA 001	PORTLAND	OR	972100000	Approved	Portland, OR
TIMBERLAND FALLS TIMBERLAND FALLS	TIMBERFLS007	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND FALLS CONDOMINIUM TIMBERLAND FALLS CONDOMINIUM	TIMBERFLS006	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND FALLS CONDOMINIUM TIMBERLAND FALLS CONDOS	TIMBERFLS4-5	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND FALLS CONDOMINIUMS TIMBERLAND FALLS CONDOS	TIMBERFLS001	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND FALLS CONDOMINIUMS TIMBERLAND FALLS CONDOS	TIMBERFLS002	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND FALLS CONDOMINIUMS TIMBERLAND FALLS CONDOS	TIMBERFLS003	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND RESERVE CONDOMINIUM TIMBERLAND RESERVE CONDO ASSOC	TIMBERLAN003	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND RESERVE CONDOMINIUM TIMBERLAND RESERVE CONDO ASSOC	TIMBERLAN004	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND RESERVE CONDOMINIUM TIMBERLAND RESERVE CONDO ASSOC	TIMBERLAN1-2	PORTLAND	OR	972290000	Approved	Portland, OR
TIMBERLAND RESERVE CONODMINIUM TIMBERLAND RESERVE CONDO ASSOC	TIMBERLAN005	PORTLAND	OR	972290000	Approved	Portland, OR
TOWERHILL TOWERHILL	133-VA 001	PORTLAND	OR		Approved	Portland, OR
UNIVERSITY TOWNHOUSE UNIVERSITY TOWNHOUSE	263-VA 001	PORTLAND	OR	972170000	Approved	Portland, OR
VENTURA PARK CONDOMINIUMS VENTURA PARK CONDOMINIUMS	VENTURAPK	PORTLAND	OR	972160000	Approved	Portland, OR
WADE PARK ESTATES WADE PARK ESTATES	141-VA 001	PORTLAND	OR		Approved	Portland, OR
WATER STREET WATER STREET	143-VA 001	PORTLAND	OR		Approved	Portland, OR
WATERGATE WEST WATERGATE WEST	142-VA 001	PORTLAND	OR		Approved	Portland, OR

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