Non-Warrantable Condo
Financing for newer condo projects that may not meet conventional program requirements.
Question:
Question:
Looking to purchase a condo but a mortgage lender told you it doesn’t qualify for conventional financing?
QUICK
FACTS
Minimum Credit Score:
620
Minimum Down Payment:
10%
Max Debt-to-Income:
43%
Max Loan Amount:
$510,400
Primary Residences 
Second Homes
QUICK
FACTS
Minimum Credit Score:
620
Minimum Down Payment:
10%
Max Debt-to-Income:
43%
Max Loan Amount:
$510,400
Available for:
| Primary Residences |
| Second Homes |
Reasons a condominium might be considered non-warrantable:
- Less than 90% of the total units have been conveyed to owners
- A single person or entity owns more than 10% of the units
- Developments in which more than 20% of units are commercial or mixed use
- Developments that have a higher concentration of renters
- All units and common areas are not complete
- The development is subject to future phases and construction
- The developer has not turned over control of the association to the unit owners
Program Features:
- Primary Residence or Second Home
- Maximum Loan amount up to $510,400
- Conforming fixed or ARM with various loan terms available
- Purchase with as little as 10% down
All loans are subject to credit review and approval. This is not a commitment to lend.
Amortization Options:
– or –
801.810.6503
OR GET IN TOUCH ONLINE – or –
Non-Warrantable Condo are available in the following States: Alabama, Arizona, Colorado, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, Virginia, Washington
Why Choose 
?
LOW RATES
We offer some of the lowest mortgage rates in the industry, along with truly innovative, tailored programs.
GREAT SERVICE
Our mission: client-focus. As your personal lender, we value listening and delivering on what is most important to you.
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Move into your new home sooner. Time saved plus low rates equals more savings for you.
