Specialized In Jumbo Loans, Investor Loans, DSCR Loans, Non-QM Financing, Commercial Mortgages, and Tax-Informed Lending Strategies
Published By
David Ghazaryan
Owner / Broker / Banker
Contact Me At
(702) 766-3744
NMLS 1486726
Understand the Definition: Learn why condominium projects in Miami and Fort Lauderdale are frequently classified as non-warrantable, which means they do not meet the strict guidelines set by government-sponsored entities like Fannie Mae and Freddie Mac for conventional loans.
Explore Financing Solutions: Discover alternative financing methods designed for these properties, such as Debt Service Coverage Ratio (DSCR) loans for investors and portfolio loans, which operate outside of standard lending rules.
Know the Implications: Find out about the specific documentation required from the Homeowners Association (HOA), and learn how choosing this type of property generally affects your down payment amount, interest rate, and the pool of potential buyers when you decide to sell.
Read the full blog article here: https://www.iqratemortgages.com/blog/florida-non-warrantable-condo-loans-a-buyers-guide
Your perfect condo loan was denied because of building rules. I am David Ghazaryan. I build the loans banks can’t. Too many investors own units, so the building is flagged. We use the property’s rent to pay for the loan. When you sell, your buyer will face the same problems. Read the full article and find my socials in description.
Read Blog Here: https://www.iqratemortgages.com/blog/florida-non-warrantable-condo-loans-a-buyers-guide
