{"specialty":{"slug":"condo","category":"property_type","label":"Condo","description":"Financing a unit in a condominium project, which requires the lender to review the project as well as the borrower.","synonyms":["condo","condominium","condo unit","warrantable condo"],"why_hard":"The building's budget, reserves, litigation and owner-occupancy ratio all affect approval, not just the buyer's credit.","questions_to_ask":["Is this project already approved or warrantable with your investors?","What documents do you need from the HOA, and who orders the condo questionnaire?","How do you handle a project with pending litigation or low reserves?"],"canonical_url":"https://lendb.ai/s/condo","api_url":"https://lendb.ai/api/v1/specialties/condo"}}