A revised Federal Housing Authority rule now allows FHA-insured mortgage loans for first-time buyers, if a condominium community meets certain guidelines. It also encourages and allows condo associations to get certified more easily so members can qualify for the low rates. Without this important financing, condo associations have difficulty attracting new buyers and members. Federal rules require FHA certification for the entire property for individual units to be eligible for financing. The certification process takes into account budgets, future capital improvement needs, delinquent association dues, number of renters versus owner occupants and other factors.