Condominiums bring a variety of advantages to today’s homebuyers who are seeking something different than a traditional home. The rules for financing a condo can vary greatly between the type of mortgage selected (government-backed, conventional or specialty loans), if the condo project qualifies for financing, and the available options from lender to lender can also be different.
Ideal for younger homeowners or those seeking to live in an urban area.
Primary residence, second homes and investment properties, approved condominium projects; maximum loan amount up to $2,000,000.
Features and Benefits
If you are interested in amenities like hassle-free maintenance, community pools and gyms, and quick access to the city life and all it has to offer, a Condominium Mortgage Loan may be right up your alley.
Ready to get expert advice and determine what works best for your personal situation? Contact one of our local, caring mortgage professionals at a Mortgage Center Near You.