Excellent article recently in bankrate.com talking about how hard it is to get financing for Condominiums now.
As I have been mentioned for a few years now when you apply for mortgage financing on a Condo you are essentially 1. qualifying the borrowers AND 2. qualifying the condo association to be approved. This is NOT an easy process and most importantly you must be working with a Banker who understands these guidelines.
Inquire within for current condo guidlines or current Mortgage Rates
bc@smarterborrowing.com 617.771.5021
