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Updated over 6 years ago,
Loans for non-warrantable condo buyers?
I'm trying to find a lender that will offer conventional style loans on a non-warrantable condo, specifically in Florida. I've found a few lenders that will offer a portfolio product with 20% down payment, but only offering 7/1 or 10/1 ARM's. Has anyone else seen anything better? Ideally I was hoping to find something with 5% or 10% down. It seems lending restrictions on these condos haven't eased much since the recession.