Financing in Plymouth>Question Details

Jane Doe, Home Buyer in Plymouth, MA

Has anyone received a mortgage approved under the Fannie Mae/ Freddie Mac condo project guidelines for a home in Rebecca 's Landing in the

Asked by Jane Doe, Plymouth, MA Tue Jan 3, 2012

Pinehills ? I have been unable to get GMAC mortgage underwriters to approve my mortgage loan because the underwriters, because the underwriters apparently do not think Rebecca's Landing meets the 71 per cent occupancy requirement.

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3
Heath Coker’s answer
The condo association has to answer that question with documentation. If there are not 71% owners in the documentation, you may not have a solution. Ask the association president/board for their documents.


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0 votes Thank Flag Link Mon Jan 9, 2012
Jane,
Feel free to contact Carolyn Farias - she has been a HUGE help to my condo buyers in the Plymouth area. She can be reached at 508-746-0051. She may be able to help you.
0 votes Thank Flag Link Tue Jan 3, 2012
We always recommend to engage a local Realtor and Mortgage Broker first. Try here for a Mortgage Broker http://www.trulia.com/voices/directory/Plymouth-mortgage_bro… Try here for a Realtor http://www.trulia.com/voices/directory/Plymouth-broker--30020
0 votes Thank Flag Link Tue Jan 3, 2012
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