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Non-Warrantable Condos: Hidden Gems or Financing Nightmares?

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A non-warrantable condo is a home that doesn't qualify under traditional loan standards established by Fannie Mae or Freddie Mac. These condos can be viewed by lenders as higher risk based on characteristics such as low owner-occupancy rates, active litigation, or too much commercial space in the project. Consequently, purchasers can experience limited financing options, frequently de... https://x2mortgage.com/blog/all-about-non-warrantable-condo-loans

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