Overview

Borrowers can encounter unique challenges when financing non-warrantable condos and condotels. Our team of experienced mortgage professionals are here to help you meet your client’s needs and are dedicated to make the transaction a smooth and seamless buying experience.

PROGRAM DETAILS:

Non-Warrantable

  • All non-warrantable issues considered (for example: commercial, investor concentration, new projects or litigation)
  • Max 80% LTV (primary or 2nd home)
  • Max 60% LTV (investment properties)
  • Maximum loan amounts up to $3,000,000 (LTV limits apply)
  • Cash-out refinancing available to $1,000,000

Condotels

  • Max 75% LTV (primary or 2nd home)
  • Max 60% LTV (investment properties)
  • Cash-out refinancing available to $1,000,000