You do not need to wait. There are other options for you. I have a few credit unions that do not have to conform to fannie and freddie standards and will loan money on condos. You can join these credit unions as long as you live or work in Central Ohio. There is also a special first time home buyer program available with below market interest rates. Please feel free to contact me if you would like more information.
Brittany Simonelli, Buyer Agent
888-271-2221 ext 203