How it works
Condo loans are underwritten twice: once for you, and once for the building. Budgets, reserves, owner-occupancy ratios, litigation and insurance all factor into whether a project is warrantable. Getting that review started early is the single biggest way to protect a condo contract.
What defines this program
- Full and limited project review pathways
- HOA documentation reviewed before appraisal when possible
- Primary, second home and investment options
Common fits
Questions borrowers ask
Why did another lender decline my condo?
Usually the project failed a specific warrantability test rather than anything about the borrower. There are often alternative programs for the same building — I identify which ones fit.
Who are condo financing usually a good fit for?
Most often mountain-town condo buyers, urban denver and chicago condos, downsizing homeowners. That list isn't a rule, though — plenty of files land here for reasons that don't show up on a bullet point, so it's worth asking even if you don't see yourself on it.
What should I have ready before we talk about condo financing?
Nothing formal. Tell me the property type and where it is, whether it's a purchase or refinance, how you're paid, and roughly what you're working with for down payment or equity. That's enough for me to tell you which direction actually makes sense before you pull documents together.
What will my terms look like?
Pricing, structure and qualifying guidelines vary by lender, property, occupancy and your full financial picture — and they change often. Rather than publish numbers that may not apply to you, I review your scenario directly and walk you through the real options available for it.
This page intentionally avoids quoting rates, down payments, credit-score minimums or underwriting requirements. Guidelines differ by lender, property type, occupancy and borrower profile — and they change. April Ramker reviews your scenario and tells you what applies to it.