Home Buying in Reno>Question Details

carrie espos…, Home Buyer in Reno, NV

anyone know of that type of loan?

Asked by carrie esposito, Reno, NV Wed Mar 6, 2013

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Janet Bernarda’s answer
Carrie,

if you can get a loan on a condo would be your first question and that would start with a good lender.
If the HOA fees are paid by everyone that owns a Condo in the complex and if the some owners are delinquent then that may be why a lender could not loan on them .. Owner occuppany ratio to renters are also a lender concern. If you would like to talk to me or a great lender please call me anytime


Thank you
Janet
0 votes Thank Flag Link Mon Apr 22, 2013
I have not seen them, try Aaron Dehart 379-5012, he is a loan officer at Summit Funding. adehart@summitfunding.net
There may be a way to bake it into an impound account. Only thing is sometimes flaky HOA's change dues, special assessments etc. so much, it may be hard to quantify.

Give me a shout out if you need additional help. I may be able to steer you away from the HOA's that are not bickering and sueing each other,
0 votes Thank Flag Link Wed Mar 6, 2013
Carrie;
Please re-read your question,
then delete it and re-ask it so that we can understand what you need to know.
Thank you.
0 votes Thank Flag Link Wed Mar 6, 2013
What type of loan? I think your question is incomplete.
0 votes Thank Flag Link Wed Mar 6, 2013
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