Why Our Team Loves Non-Warrantable Condo Loans
These loans help us say 'yes' when other lenders say 'no.' We can access funding for desirable properties that may not meet conventional standards but still make great homes.
Non-Warrantable Condo Loans At A Glance
For condos that don’t meet conventional or agency guidelines, this loan is a possible workaround. Ideal for unique buildings, high investor ratios, or non-standard ownership structures.
Highlights
- Flexible: Can finance condos with high investor ownership.
- Property Requirements: Can be used on qualified properties with non-traditional HOA structures.
- Options: Primary, second home, and investment properties.
Non-Warrantable Condo Loan Guidelines
- Property: Primary, second homes, and investment properties are allowed.
- Qualification: Property must be a non-warrantable condo (due to HOA concentration, occupancy mix, litigation, etc.).
- Financial Portfolio: LTV and reserve requirements vary by scenario.
Non-Warrantable Condo Loan Pros
- More Options For Buyers: Allows for more flexibility in condo financing.
- Competitive Offers: Great for hot markets where newer or urban developments don’t meet agency rules.
Best for…
Buyers purchasing in new or high-density developments
Clients financing condos with HOA litigation or high investor ratios
Self-employed or unconventional buyers wanting a condo lifestyle
Free Guides & Resources
Our favorite kind of buyer? A confident one. Brush up on your loan knowledge, get an accurate quote, and let's get to it.
