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Non-Warrantable Condos: Hidden Gems or Financing Nightmares?

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A non-warrantable condominium is a unit that does not meet the typical lending criteria set by Fannie Mae or Freddie Mac. Lenders might view these condos as higher risk due to factors like low owner-occupancy rates, ongoing litigation, or an excessive amount of commercial space in the property. Purchasers might face restrictions on financing and may need to make larger down payments a... https://x2mortgage.com/blog/all-about-non-warrantable-condo-loans

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