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Non-Warrantable Condos: Hidden Gems or Financing Nightmares?

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A non-warrantable condo is a home that fails to conform to Fannie Mae or Freddie Mac standards and thus is unfinanceable conventionally. Issues can be too high a proportion of investor unit ownership, the threat of a lawsuit, or a financially struggling HOA. Because conventional banks shun such properties, shoppers have to consider alternative financing options with higher rates and d... https://x2mortgage.com/blog/all-about-non-warrantable-condo-loans

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