It's no longer possible, condos have to be approved through the DELRAP or HRAP method.
Spot approval process eliminated February 1st 2010: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/09-46aml.pdf
New method details: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/09-46bml.pdf
As lenders have grown accustomed to new approval processes, we've seen more and more lenders willing to process DELRAP or assist with the HRAP methods.
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