Are there any lenders that still do non-warrantable condo mortgages?

Asked by Heather Daccurso, Monmouth County, NJ Wed Apr 1, 2009

I have a client (investor) looking to purchase in a complex that has a high investor concentration and am having trouble finding financing for it. Does anyone know of any lenders that either don't require a condo questionnaire or will accept a 70% investor ratio. The buyer can put down 20-30%.

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2
Debra C. Fer…, , Saint Petersburg, FL
Mon Oct 26, 2009
I have a lender that will lend on Non Warrantable Condo's and Condo Hotel units up to 75% LTV and 100% investor with cross colleralization. Owner Occupied and second home up to 80% LTV and 100% with Cross Colleralization.
I am a Mortgage Broker in Florida. I can help with finding a rep in any other state.
I have attached my Trulia article below.
0 votes
Along, Home Buyer, Boston, MA
Tue Aug 4, 2009
I have the same issue in the Boston area. Anyone know of a lender/mortgage broker I can contact?
0 votes
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