If you are using a conventional loan, then it's possible.
If you are putting 25% down or more than there is no difference in rate. However, if you are putting less than 25% down then there is a .75% pricing adjustment assessed due to the risk factors of a condo.
What this means to you in layman's terms is that you would either have to A) pay a .75% fee to obtain the same interest rate - On a $200,000 mortgage this would equate to $1,500 in additional fees; or B) take a slightly higher rate, most likely 1/8% to 1/4% - on the same $200,000 loan this would cost you approximately $15-$30 more per month.
Tony Grech | Mortgage Loan Originator | NMLS #977416
PMAC Lending Services, Inc.
Toll-free (855) 642-4762 ext. 278
Mobile (313) 622-7383