Financing in Cary>Question Details

Fazal Khan, Home Buyer in Raleigh, NC

Is there any agent/bank in NC that can help provide loan on non warrantable condo?

Asked by Fazal Khan, Raleigh, NC Thu Feb 13, 2014

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Yes we are closing a non warrantable condo this week. Can call me at 919-854-9189. Primelending - Stephen Livesay.
0 votes Thank Flag Link Mon Mar 10, 2014
Update on Sat Feb 15 2014.

So far I have not received a response from anyone who is able to help me get finance for a non-warrantable Condo in NC.

Some folks have responded but they are not able to help get the loan needed.

So please respond ONLY if you are really able to get the loan..

0 votes Thank Flag Link Sat Feb 15, 2014
We offer non warrantable condo loans in NC. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Bart and I have been in the mortgage business since 1987. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you.

Bart Gabe - Lending Nationwide Since 1987

800 315 8803

NMLS 20743
0 votes Thank Flag Link Thu Feb 13, 2014
We have a couple loan programs for non-warrantable condominiums, up to 80% LTV/20% down payment - only problems we can have is if there is litigation regarding a structural deficiency, incomplete construction of the subject phase, HOA delinquencies over 15% (can be approved case-by-case), low HOA budget reserves (can be approved case-by-case), and be at least 500 sq ft with a kitchen & separate bedroom. What is preventing this particular condo as being warrantable?

Shane Milne • Lending in all 50 states • NMLS #81195 • shane@thebesthomeloans • 949-273-4161 direct
0 votes Thank Flag Link Thu Feb 13, 2014
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