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Updated over 1 year ago on . Most recent reply

non warrantable condo refinance
I have non warrantable condo (paid full cash to acquire) . having long-term tenant since last 3 years
Now I am thinking of refinancing for other potential investment opportunities.
what are my options? any lenders who finance non-warrantable condos in NJ ?
An asset is appreciated to 185k
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- Lender
- Austin, TX
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Quote from @Ravinder Gade:
I have non warrantable condo (paid full cash to acquire) . having long-term tenant since last 3 years
Now I am thinking of refinancing for other potential investment opportunities.
what are my options? any lenders who finance non-warrantable condos in NJ ?
An asset is appreciated to 185k
DSCR Loans should be a good option for you - while guidelines and offerings sometimes mirror conventional/fannie/freddie, most DSCR lenders have move toward having no distinction in pricing and eligibility for condo investment properties warrantable vs. non-warrantable