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Updated almost 13 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Karl Lueders
  • Involved In Real Estate
  • Denver, CO
2
Votes |
11
Posts

Underwriting guidelines for conventional loans on condos

Karl Lueders
  • Involved In Real Estate
  • Denver, CO
Posted

Do the underwriting guidelines vary based on the bank? And when there's an MI company involved, I get the feeling that MI guidelines are even tighter. Should I assume that unless you're 740+ with 20% down, that you won't get a loan on a condo? I'm in Denver, btw.

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