FHA insures mortgages on properties
that consist of detached or
semi-detached dwellings, townhouses
or row houses, and individual units
within FHA-approved condominium
projects.
FHA's single-family programs are
limited to owner-occupied principal
residences only. FHA will not insure
mortgages on commercial enterprises,
boarding houses, hotels and motels,
tourist houses, private clubs, bed and
breakfast establishments, and
fraternity or sorority houses.