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Updated almost 3 years ago on . Most recent reply

User Stats

18
Posts
2
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Chuck Payette
2
Votes |
18
Posts

Regular lender can’t help me HOA concern

Chuck Payette
Posted

I am preapproved but the condo I am buying HOA docs won't meet Fannie may requirements. Looking for alternate lender. Good credit/down payment and a cash flow positive property in MN

  • Chuck Payette
  • Most Popular Reply

    User Stats

    739
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    410
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    Andrew Garcia
    • Lender
    • Charlotte, NC
    410
    Votes |
    739
    Posts
    Andrew Garcia
    • Lender
    • Charlotte, NC
    Replied

    @Chuck Payette, I see. That means that the condo is non-warrantable. When you speak to lenders, make sure that you say that the condo is non-warrantable. They will know what it means and will let you know if they have any programs that can help.

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