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Non-Warrantable Condos: Hidden Gems or Financing Nightmares

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A non-warrantable condo is one that fails to qualify under Fannie Mae or Freddie Mac requirements, so obtaining traditional financing isn't possible. The reasons for this can vary from a majority of investor owners to pending suits or a cash-strapped HOA. Buyers will have to look elsewhere to obtain alternative loans with higher rates and down payments. But many of these condos are pr... https://x2mortgage.com/blog/all-about-non-warrantable-condo-loans

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