New Rules: Warrantable & Non-Warrantable Condo Mortgage Loans

Demand for condos is increasing nationwide and getting approved for a mortgage just got a little easier. How to qualify, plus access to today’s rates.

Source: New Rules: Warrantable & Non-Warrantable Condo Mortgage Loans

The housing market is volatile, rates are moving, and inventories are all over the map.  It should be no surprise that condos are increasing in popularity and demand.

Understanding warrantability is crucial if you are buying or selling condos

Warrantability for condos is widely mis-understood by agents, buyers, sellers, and a lot of lenders.  If you are buying or selling a condo, make sure you are working with professionals who can guide you through the warrantability of the condo. It is important that the buyer and seller understand the many issues surrounding the property before a lot of time and money have been invested.

Click on my YouTube video below and the article above for more information on warrantability.  Please also feel free to call, email, or text anytime.  I love to meet new people and help if I can.

Great success,

Mike
720.213.6260 (voice & text)
mnelson@efficientlending.net
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Mike Nelson - AFN

 

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