Your dream condo could be within reach

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By Proper Rate on 4/6/2018

Tags: mortgage mortgage basics loan options

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If your chosen condo does not meet the minimum eligibility standards set by Fannie Mae and/or Freddie Mac, we may have a solution.

We have non-warrantable options* for:

Low owner-occupancy ratios
Condos that allow short term rentals
Single entities owning more than 10% of the project
Projects with high percentage of rental units
Condos with high commercial-occupancy percentage
New projects with low presale

*Not all projects will qualify, as each project will need to meet our non-warrantable program’s complete requirements. This flyer does not represent a mortgage commitment, please contact Proper Rate for more information.

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All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Proper Rate, LLC. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Proper Rate, LLC. Proper Rate, LLC. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

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