Non-Conforming Condo 2016-03-25T03:31:16+00:00

What is a Non-Conforming Condo?

A Non-Conforming Condo is one that doesn’t conform to the standards set by Fannie Mae and Freddie Mac.  There can be many reasons for this but the main one is  a criteria set that 70% of the units must be sold.  With new construction projects the best deals are usually for the first ones sold but if you can’t get a conforming mortgage and you don’t have the cash to buy it outright, what options do you have left?

Our condo program bridges that gap.  With a 720 credit score and 15% down payment you can take advantage of those early bird deals on new construction condos.