The quick answer is yes, condos are more difficult in comparison to single family or townhomes. The reason for this is because the collateral is deemed to be risky by the banking and lending industry.
Learn more about condos, condotels, what makes a condo warrantable vs non-warrantable and more. This episode is for anyone who finance, sells, or wants to buy a condominium.
www.TLOPonline.com
This CFPB Ruling Changes EVERYTHING! | Ep. 442
Keys to Long-Term Success in Business and Life | Ep. 441
The Future of Mortgage Lending | Ep. 440
Time Management Tips for Loan Officers | Ep. 439
Climate Change Could Destroy the Mortgage Industry | Ep. 438
Pros and Cons of Marketing Service Agreements (MSAs) | Ep. 437
Common Questions From Loan Officers | Ep. 436
Evolve or Die 💀 | Ep. 435
Surviving the Next 5 Years as a Loan Officer | Ep. 434
Is a Housing Crash Imminent? | Ep. 433
Mortgage News | Ep. 432
The Power of Industry Knowledge | Insights from HousingWire CEO Clayton Collins | Ep. 431
The Future of Finance: A Live Q&A with UCF Business Students | Ep. 430
When Is the Right Time to Buy a Home? | Ep. 429
AI, Fintech, and the Next Generation of Leaders: Insights from UCF's Dean of the College of Business | Ep. 428
3 Steps to Building a Successful Sales Team | Ep. 427
The Power of Renovation Loans | Ep. 426
How to Generate Leads on TikTok | Ep. 425
5 Tactics to THRIVE in a Post-NAR Settlement Era | Ep. 424
NAR Settlement Aftermath: Opportunities and Obstacles | Ep. 423
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