Non-Warrantable Condo Program Overview Borrowers can encounter unique challenges when financing non-warrantable condos and condotels. Our team of experienced mortgage professionals are here to help you meet your client’s needs and are dedicated to making the transaction a smooth and seamless buying experience. PROGRAM DETAILS: Non-Warrantable • All non-warrantable issues considered (for example: commercial, investor concentration, new projects or litigation) • Max 80% LTV (primary or 2nd home) • Max 60% LTV (investment properties) • Maximum loan amounts up to $3,000,000 (LTV limits apply) • Cash-out refinancing available to $1,500,000 Condotels • Max 75% LTV (primary or 2nd home) • Max 60% LTV (investment properties) • Cash-out refinancing available to $1,500,000 To Learn More: This advertisement is not an offer for an extension of credit and is not a commitment to lend. Rates and terms (1) are subject to change without notice and (2) may vary depending upon risk analysis, collateral and other factors. Form EE258.1
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Non-Warrantable Condo Program
Overview Borrowers can encounter unique challenges when financing non-warrantable condos and condotels. Our team of experienced mortgage professionals are here to help you meet your client’s needs and are dedicated to making the transaction a smooth and seamless buying experience.
PROGRAM DETAILS:
Non-Warrantable • All non-warrantable issues considered (for example: commercial, investor concentration, new projects or litigation) • Max 80% LTV (primary or 2nd home) • Max 60% LTV (investment properties) • Maximum loan amounts up to $3,000,000 (LTV limits apply) • Cash-out refinancing available to $1,500,000
Condotels • Max 75% LTV (primary or 2nd home) • Max 60% LTV (investment properties) • Cash-out refinancing available to $1,500,000
To Learn More:
This advertisement is not an offer for an extension of credit and is not a commitment to lend. Rates and terms (1) are subject to change without notice and (2) may vary depending upon risk analysis, collateral and other factors.
Form EE258.1
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