One Brooklyn Bridge Park - FHA Approved ?

They've been in and out of FHA. Your best bet is to speak with one of their preferred lenders. Given the cost of most apartments, FHA isn't a huge selling point in this project. As far as I know, flood insurance is not currently an issue for them, they have a master policy in place and owners are not required to carry their own.

if you're looking for an FHA loan, you should not be buying here or anywhere in NYC. detroit, miami, palm springs.... that's where it can make sense with no down payment.

Have no idea why you don't think FHA makes senss in NYC. For some people, it's their only ontion if they want to own.

FHA loan limits in NYC are $729,000. That to me makes sense.

Mortgage Broker

well, streetsmart. the buy vs rent on 20% down does not make any sense with current prices. with 3-10% it makes even less sense. 1BBPs prices just don't make any sense either, but that's a whole different discussion.

"FHA loan limits in NYC are $729,000. That to me makes sense"....

Sure makes sense to 95% of taxpayers in USA to subsidize this where the average house costs $180,000 :)