Property Types
Can I get a loan on a non-warrantable condo?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. Non-warrantable condos — those failing one or more agency standards — are financed through portfolio and non-QM lenders that 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.
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