TOTAL CAPITAL SOLUTIONS GROUP (TCSG) is a professional services firm providing Condominium Project Approval Services, preparing, facilitating, and expediting the HUD-FHA and / or Fannie Mae condominium project approval process.

Changes in the real estate market have brought about unique challenges for owners of condominiums. Without a HUD Condo Approval consumers and real estate professionals are beginning to take their business elsewhere. The HUD condo approval for a condominium homeowners association is the “Seal of Approval” that signifies the business of the association is more stable, efficient and transparent then its peer without an approval.

Previously the earmarks of what made a successful condominium development were location, product and amenities; now without the seal of approval these things mean little to nothing. Financing was almost secondary since so many financing vehicles were available to purchasers of condominium homes. In today’s market, in order to help stabilize values a condominium needs to offer the availability of FHA low down payment refinancing and purchase options.

Pertaining to HUD, there are no more spot approvals and every condo homeowner’s association now has to go through full review. Required under HUD mortgagee letter 46-B & 46-A.

Even more importantly, this is not a one-time process. HUD guidelines require a renewal every other year.

Our experienced team will guide condominium boards, managers, and property owners through the Condominium Project Approval process.