American Condo Approvals
Fee Schedule

Fee Schedule for Condo Approvals

$1000 each

FHA and VA new application

Acquisition, compilation and submission of documents and exhibits for a new condominium project. The 2nd application for the same property is an additional $1,000 (ex: FHA and VA).

$500 each

FHA additional phase

Acquisition, compilation and submission of documents and exhibits to add an additional legal phase to a currently approved condominium project

$1000 each

FHA and VA new application

Acquisition, compilation and submission of documents and exhibits for a new condominium project. The 2nd application for the same property is an additional $1,000 (ex: FHA and VA).

$150/hr

Consulting

Assistance with any facet of condominium approvals including guideline exceptions, exemption requests, marketing, legal phasing, declaration issues, lender support, association budgeting, appraisals, etc.

FHA re-certification

Re-certification of previously approved existing project    $900

Re-certification of previously approved existing project    $700

FHA Reserve Study

Detailed analysis of adequacy of reserve funds as required by FHA  fee Varies

Conventional Approval

Acquisition, compilation and submission of documents and exhibits for a new condominium project  Fee Varies

Fees do not include additional items which are very rarely required, such as: FNMA PERS fees, reserve studies, budget creation, environmental studies, engineer’s flood letter, HOA certifications, an attorney’s opinion letter, etc.