Non-Warrantable Condo Loans

Non-Warrantable Condo Loans are designed for properties that do not meet traditional Fannie Mae or Freddie Mac guidelines. These programs provide financing solutions for condos with unique ownership structures, high investor concentrations, or other exceptions that make conventional financing unavailable.

How Non-Warrantable Condo Loans Work

These loans offer a flexible approach to underwriting, allowing borrowers to purchase or refinance condos that may have restrictions or other non-standard characteristics. Qualification focuses on the property, borrower, and financial strength rather than strict conventional condo guidelines.

Key Highlights:

• Financing for condos that do not meet conventional guidelines

• Supports purchase and select refinance options

• Flexible underwriting tailored to the property and borrower

• Enables ownership of unique, high investor concentration, or otherwise restricted condos

Who Benefits from Non-Warrantable Condo Loans

Non-Warrantable Condo Loans are ideal for:

• Buyers interested in condos with unique ownership or legal structures

• Investors looking to purchase or refinance restricted or high investor concentration properties

• Clients who want more flexible financing options for properties outside conventional guidelines