Home Buying in 17406>Question Details

wandawalking2, Home Buyer in York, PA

How can I get a condo VA approved in York PA 17406?

Asked by wandawalking2, York, PA Thu Aug 23, 2012

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1
Bill Filling’s answer
Condominiums can qualify for a VA guaranteed loan in most circumstances. There are some restrictions:
•Fifty percent or more of the building units must be owner-occupied
•No more than 15 percent of owners can be behind in Homeowners Association (HOA) fees
•If condos are to be newly constructed, 75 percent of the units must be sold prior to allowing VA loans

Gathering this information might extend the loan closing a few days, but otherwise, there is nothing unusual. Our Branch Manager is a disabled vet and is a VA loan guru. We would be happy to help you get the loan. Please contact me at 717-757-5322.
0 votes Thank Flag Link Fri Aug 24, 2012
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