Is there an issue with the condo that makes it non-warrantable? High investor occupancy? More than 15% of owners past due on HOA fees? HOA not even developed yet?
1. Strong borrower. 700+ credit usually
2. Strong property. Need to know why non-warrantable
3. Income – Low DTI – need to be under 45% back end
4. LTV – 80 or less
5. WA, OR, and CA
Guidelines to go off of, but each file is looked at on a case by case basis
firstname.lastname@example.org or 253-232-5843
I probably have three lenders, off the top of my head, that I can recommend to you. You can contact me and let me know more details and I can send you in the right direction. Depending on your situation, there may be other lenders I would recommend.
I can do the loan for you. I rent my house out in Shoreline where I used to live. Now I live in Kenmore, so we are close to each other. Give me a call at 206-841-9976 or 425-483-6849 any time.