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Helping you get condos financed in Florida. Why is it difficult to obtain a mortgage on a condo in Florida? Have you heard any of the following statements? There is no financing available for condos in Florida. - not true. All condo mortgages require a 25%-30% down payment. - not true. The condo must be on Fannie Mae or FHA/HUD approved lists. - not true. The maximum investor ratio is 30%, or 50%. - both are not true. Read on to learn more. And terms of service. What do we do? What are our Fees? Why do w...

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FloridaHomePath.com, LLC

Jason Nordin

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Ta●●pa , Florida, 33626

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813 ●●●●5456
Fl●●●●●●●●●●●●●@gmail.com

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FloridaHomePath.com, LLC

Jason Nordin

12517 W. ●●●●●●●●● Ave #172

Ta●●pa , Florida, 33626

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Helping you get condos financed in Florida. Why is it difficult to obtain a mortgage on a condo in Florida? Have you heard any of the following statements? There is no financing available for condos in Florida. - not true. All condo mortgages require a 25%-30% down payment. - not true. The condo must be on Fannie Mae or FHA/HUD approved lists. - not true. The maximum investor ratio is 30%, or 50%. - both are not true. Read on to learn more. And terms of service. What do we do? What are our Fees? Why do w...
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Home | flcondoteam.com Reviews

https://flcondoteam.com

Helping you get condos financed in Florida. Why is it difficult to obtain a mortgage on a condo in Florida? Have you heard any of the following statements? There is no financing available for condos in Florida. - not true. All condo mortgages require a 25%-30% down payment. - not true. The condo must be on Fannie Mae or FHA/HUD approved lists. - not true. The maximum investor ratio is 30%, or 50%. - both are not true. Read on to learn more. And terms of service. What do we do? What are our Fees? Why do w...

INTERNAL PAGES

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1

Condo Approval

http://www.flcondoteam.com/Florida_Condominium_Team/Condo_Approval.html

Helping you get condos financed in Florida. What does Approved Condo mean? In order for any lender/bank to provide a mortgage on a condo unit, the condo project must meet certain criteria set forth by Fannie Mae (for a conventional mortgage) or HUD (for a FHA mortgage). The condo approval process varies depending on the loan type. Choose a loan type below to learn more about the approval process for each loan type. FHA Loan - Coming soon. VA Loan - Coming soon. USDA Loan - Coming soon. All loan informati...

2

About us

http://www.flcondoteam.com/Florida_Condominium_Team/About_us.html

Helping you get condos financed in Florida. FloridaHomePath.com, LLC is not owned or affiliated with Fannie Mae. Flcondoteam.com is NOT a lender nor a Bank. Flcondoteam.com is an information resource dedicated to providing unbiased information about mortgage lending on condominiums in the State of Florida. To access condo project information. Information not found on the condo project page can be found in Fannie Mae’s selling guide. Please visit our parent site at www.floridahomepath.com. All loan inform...

3

Get Connected

http://www.flcondoteam.com/Florida_Condominium_Team/Get_Connected.html

Helping you get condos financed in Florida. FloridaHomePath.com, LLC is not a mortgage lender. FLCondoTeam.com is a site for information purposes only. All information provided is based on Fannie Mae condo project requirements. Click here. For Fannie Mae resources. Lenders and banks reserve the right to have more restrictive requirements at their sole discretion. And terms of service.

4

Conventional Condos

http://www.flcondoteam.com/Florida_Condominium_Team/Conventional_Condos.html

Helping you get condos financed in Florida. What is a conventional Loan? A Conventional loan is a mortgage loan that meets the underwriting criteria set by Fannie Mae or Freddie Mac, both agencies follow the same guidelines. All banks and lenders must warrant to Fannie Mae or Freddie Mac that the condo project meets all criteria set by the two agencies based on the approval method used by the lender. Conventional Condo Approval Methods. Fannie Mae will accept any of the following approval methods. The pr...

5

Myths

http://www.flcondoteam.com/Florida_Condominium_Team/Myths.html

Helping you get condos financed in Florida. Myth vs. Facts. There are a lot of Mortgage Professionals willing to share their knowledge (or lack there of) about condo financing in Florida. We have compiled a list of the most common mis-information that is being provided. The facts below are based on information provided directly from Fannie Mae. Every lender may have their own internal policies and/or guidelines, but the majority of them will underwrite their loans based on Fannie Mae guidelines. A Fannie...

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Realtors 2

http://www.floridahomepath.com/Fl_HomePath_Resource/Realtors_2.html

Contact us first. Learn about the Home. Renovation loan before your client applies for financing or makes an offer on a Home. Work with an experienced Home. Loans are unique in many ways. There are some additional disclosures that must go to the borrower and there may be additional fees involved that need to be disclosed properly. A Home. Loan can close well within 30 days when managed properly. If your client is not getting any closing costs paid for by Fannie Mae, make sure they are aware that they wil...

floridahomepath.com floridahomepath.com

About us 2

http://www.floridahomepath.com/Fl_HomePath_Resource/About_us_2.html

Who is Fannie Mae? Fannie Mae is the largest investor for mortgages in the United States. The Lender or Bank may retain the servicing (meaning they will continue to collect your payments and manage the loan) or they may sell the servicing to another company. Any company that collects mortgage payments is called a Mortgage Servicer. As a consumer, you will never make a mortgage payment to Fannie Mae. The Pros of no appraisal:. The Cons of no appraisal:. The house could be valued below your contract price&...

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Helping you get condos financed in Florida. Why is it difficult to obtain a mortgage on a condo in Florida? Have you heard any of the following statements? There is no financing available for condos in Florida. - not true. All condo mortgages require a 25%-30% down payment. - not true. The condo must be on Fannie Mae or FHA/HUD approved lists. - not true. The maximum investor ratio is 30%, or 50%. - both are not true. Read on to learn more. And terms of service. What do we do? What are our Fees? Why do w...

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