FHA loan in NYWe are relocating to NY and would like to purchase a home, not a coop or condo. The home will have to be 1 hour or less from the City, where my job will be. 5th and 59th. We were looking north of the Bronx. Are FHA loans available in that area? We were advised that the majority of coops are 20% down and not FHA, this is why we rather go out of the city to apply for FHA. Thank you.December 18 2013 - New York0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.