Tag Archive for: condo complexes

Rent-Backs and Condo Ratios: What Buyers Need to Know

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Two common financing concerns—rent-backs and condo ratios—are often misunderstood. Here’s a quick reminder on what actually matters.Read More

Townhouse/PUD vs. Condo: Affects Rate and FHA Financing

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Condos and PUDs may look alike, but their zoning affects your loan options, rates, and FHA approval. Learn how to spot the difference and why it matters.Read More

3% Down for Condos; Don’t Need FHA Approval for Condos!

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Buyers can now purchase condos with just 3% down using Fannie Mae financing—no FHA approval required. This opens up more options and lower down payments.Read More

Mixed Use Condo Complexes with Commercial Space Are OK If…

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Mixed-use condo complexes with commercial space are eligible for financing if the commercial area makes up less than 25% of the total square footage. Learn about exceptions and important factors.Read More