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Get confirmation. You will learn if your loan application is approved within one hour. Find Your Best Installment Loan Option With BetterLoansMutual.com For starters, spot approvals were to be eliminated.  This meant that in order for units in a condominium project to be eligible for FHA-insured financing, the project itself must be on HUD's approved condo list.  This change occurred on 2/1/2010.
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