PUDs do not require FHA

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PUDs do not require FHA project approval. FHA stopped requiring PUD approval in 2003. (Reference HUD MORTGAGEE LETTER 2003-02)

In San Diego County, FHA allows a 96.50% Loan to value up to $697,500 so that should cover your needs.

If you have any further question call me at 858.451.1481

Bill Ladewig