This is a reason to use an attorney.
Most legal advisors, which i am not, have experience and know how to get the best info more quickly than you have experienced.
Less than 15% is a pretty strict criteria.
You might call afew banks and see if that is specific to your lender or a standard across the industry.
A local bank may have different criteria if they are not selling the loan on the secondary market.
However, >15% delinquent owners in a condo may be a tell or a larger problem in that complex.
Are the fees too high?
Is there internal fighting / disputes?
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