FHA Approved

Our FHA 3-year certification has been officially approved! Thank you to the folks at PK Management who worked directly with FHA throughout the application process to make sure everything went well.

FHA Park Certification is valuable for all of us. With the FHA Certification, interested buyers will be able to use FHA as a lending option. FHA financing allows for lower down payments, lower credit scores, and higher debt-to-income ratios (not-so-perfect creditworthiness). Having this certification expands the buyer pool for sellers and thereby strengthens the value of all homes in the park.

FHA Certification is also necessary if homeowners are interested in reverse mortgages. Reverse mortgages provide additional financial security by eliminating the monthly mortgage payments and freeing up much-needed income to use to handle the higher cost of living.