Property types

Non-warrantable condo

A condo in a project that does not meet Fannie Mae or Freddie Mac guidelines, so it needs portfolio or non-QM financing.

Why it is hard

Agency loans are off the table, so only lenders with portfolio or non-QM condo programs can close these, often with larger down payments.

What to ask a loan officer

Which non-warrantable condo programs do you offer, and what down payment do they need?
What made this project non-warrantable, and does that issue disqualify it with your investors?
How many non-warrantable condo loans have you closed in this market recently?

Also called

non-warrantable condo, non warrantable condo, nonwarrantable, non-warrantable, condo not warrantable, unwarrantable condo

Find a loan officer

Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=condo-non-warrantable&state=FL or this specialty as JSON.