Non-Warrantable Condos

Non-warrantable condo financing gives you the added flexibility in working with your condo buyers. If you have a solid project but it does not meet the standard criteria, it may be classified as a non-warrantable condo, which means you can bypass the two largest housing Government Sponsored Entities (GSEs), Fannie Mae and Freddie Mac, while still getting a competitive rate. Secondary marketing lenders are willing to take these loans in exchange for a small price premium. Select mortgage lenders provide this type of condo financing to their brokers.[Apply]