Happy to assist. I am a senior loan officer, field underwriter, direct endorser with Fannie Mae and Freddie Mac as well as knowing the nuances of the condo market. Approval IS viable. For all my clients, I offer approvals for all condo buildings going in to be approved for FHA/VA as well as Fannie Mae and Freddie Mac at no cost. I just approved a new project, 8 units in Roger's Park. With the new compensations that are hitting the fan, compliance and regulations making muck, the prudence of working with THE direct funder is ever so convincing in todayâ€™s environment. The old adage of the banks being conservative is no longer the case. The landscape has changed completely. We ARE the bank who delivers the warehouse lines to other lenders.
Work with the source for fast and accurate results.
You may reach me at 312. 274.4139. I have been working in the condo market for the past 20 years.
Mary, Wells Fargo.
You're good hands with Aimee. Depending on the number of higher priced units, I would suggest getting the development FHA approved as well; this will increase your qualifed buyer pool.