The Skinny on Financing a Condominium

By |July 25th, 2018|

Financing a condominium is quite different than financing a single-family home. The condo’s Homeowners Association must meet certain criteria to be approved for financing using standard Conventional, FHA, VA and USDA home loan financing. If the HOA’s project does not meet these criteria, the property is considered a “non-warrantable” condo. Meaning… You cannot obtain standard [...]