Trying to find a home for a loan in a Condominium Project that just misses the warrantable target?
Looking to expand financing options in newer Condo Complex’s?
How Our Non-Warrantable Condo Project Guidelines Compare
Capped at 25% Income
Up to 20% of square footage
Up to 40% of square footage
Max. 15% of units may be 30 days or more
Max. 25% of units may be 30 days or more
Turned over to unit owners
Does not have to be turned over to unit
% Complete and
100% project is complete; At least 70%
of units must be conveyed or under a
bonafide contract for primary or second
50% of units and 50% of common areas
is complete; At least 35% of units must be
conveyed or under a bona fide contract for
primary or second homes
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