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Updated over 13 years ago,

User Stats

1,493
Posts
268
Votes
George P.
  • Real Estate Investor
  • Baltimore, MD
268
Votes |
1,493
Posts

Primary/Non-Primary Residences Ratio - Condo financing

George P.
  • Real Estate Investor
  • Baltimore, MD
Posted

Can someone explain what ratio(s) the banks are looking for when underwriting a loan on a condo (i.e. number of rentals vs. primary residences)? Where are they deriving these numbers from - public records?
Also, Is it only for FHA loans or conventional financing as well?

Thank you!!!

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