We stand by our claim that it is a great time to be a buyer and a great time to buy (there is a difference), but we did also say “there are a multitude of hurdles you will face with regards to financing”, and this change in Fannie’s Condominium lending is surely one of them, … Continue reading Condominium Lending Gets Tougher And Tougher
Tag: Condominium Lending Guidelines
New Guidelines For Lending On Condominiums
This topic was discussed very lightly in a thread somewhere back on this site, but we thought it deserved front page attention. From “the Banker”: I have found that there is a tremendous amount of uncertainty and recent questions in reference to all of the Condo Guidelines and Approval Changes that are directly hitting the … Continue reading New Guidelines For Lending On Condominiums