Posts Tagged ‘HOA financing requirements’
Condo Financing – Warrantable, Non-Warrantable, and Specialty Loan Programs
Buying a condo in Florida can feel like navigating a maze of extra rules and restrictions. While they’re a popular choice for homeowners, snowbirds, and real estate investors, condominiums often create significant challenges for lenders. Many condo projects are not “fully warrantable” under Fannie Mae guidelines — meaning that, even if you’re financially qualified, your mortgage application…
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