Can I get a loan on a non-warrantable condo?
Yes. Portfolio and non-QM lenders finance non-warrantable condos — those failing one or more agency standards — and specialize in them, usually with more down and a slightly higher rate.
Florida has many non-warrantable buildings due to litigation or rental ratios. We work with lenders who handle them and will match your building to the right program.
Yes, with special financing
Yes. If a condo does not meet standard guidelines, a non-warrantable condo loan can still finance it. These portfolio loans suit buildings with high rentals, ongoing litigation, or other flags.
Florida has many non-warrantable condos, so this financing is common here.
The trade-offs
Non-warrantable condo loans usually ask for a larger down payment and a slightly higher rate, since fewer lenders offer them. The approval is real, though.
We have lenders for non-warrantable condos. Apply now and we will find your financing.
Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.