At Fidelity Home Group, we are Non-Warrantable Condo loan experts. We specialize in non-warrantable condo loans across Florida. Finding a lender experienced in these types of mortgages can be challenging, as many mortgage providers do not offer financing for non-warrantable condos.
A non-warrantable condo is a property that doesn’t meet the lending guidelines set by government-sponsored enterprises like Fannie Mae or Freddie Mac. Because of this, many lenders consider these properties higher risk, making it more difficult to secure financing.
A condominium is classified as non-warrantable when it doesn’t meet the conventional lending guidelines set by Fannie Mae or Freddie Mac, making the loan ineligible for sale to these entities. Because of the increased risk, many lenders are hesitant to finance mortgages for these types of properties.
At Fidelity Home Group, we don’t shy away from these challenges. Instead, our team of mortgage experts are dedicated to creating customized mortgage solutions tailored to non-warrantable condos.