The Truth About Lending

The Truth About Lending Putting the Truth back into lending
NMLS # 1054357

09/02/2026

It looks like a townhouse—but it may finance like a condo. 🏘️

The outside appearance doesn’t determine the loan path. The legal description does.

Some townhouse-style properties are legally condominiums. When that happens, the lender may need to review the association’s budget, insurance, reserves, assessments, and other condo documents.

A higher HOA payment can be a clue, but it isn’t the final answer.

Before choosing the loan program or promising a simple approval, verify the property’s legal structure.

Townhouse look. Condo rules. Big difference.



Call 888-76-TRUTH or visit thetruthaboutlending.com.
Loan approval required. Terms and conditions apply. Sujeto a aprobación de crédito. Aplican términos y condiciones. Licensed in FL. NMLS #1054357 | FL License .

09/01/2026

The Red Tape Monster is at it again. 😈🏢
Special assessments. Missing reports. Reserve issues. Financing surprises.
In the real world, they may not look like monsters… but when you’re trying to finance a South Florida condo, they can definitely feel like them.
That’s where The Truth About Lending comes in.
We dig into the documents, verify the numbers, ask the right questions, and help uncover financing issues before they become bigger problems.
No superpowers.
Just experience, real information, and the truth about what you’re actually buying.
🎬 The TTAL Guardians — a comic-book series by The Truth About Lending, turning real condo-financing challenges into villains you can actually understand.
Follow The Truth About Lending for the next episode.
Because Red Tape isn’t finished yet.

Fictional dramatization for educational and entertainment purposes. Characters and events are not intended to represent any specific condominium, community, or real-world event.

09/01/2026

TTAL GUARDIANS — THE SERIES PREMIERE

Every Mission Begins With The Truth.

Welcome to the TTAL Guardians Universe, where real mortgage challenges become larger-than-life missions—and education, preparation and communication are the real superpowers.

Led by Melinda Payan, The Truth Guardian, the series takes problems that can create complications during a mortgage transaction and turns them into stories designed to entertain, educate and prepare.

🎯 OUR MISSION

Each week, we'll expose a new mortgage challenge, explain why it matters, and show how The Truth About Lending team works to anticipate issues, communicate with the parties involved and help navigate potential obstacles.

Because knowing there could be a problem is only the beginning.

Knowing how to handle it is what matters.

👹 FIRST THREAT: THE RED TAPE MONSTER

Our first supervillain represents the paperwork, missing information, delays and communication challenges that can complicate condo financing.

And he's already on the move...

🏡 REALTORS: Have a client considering a condo?

Don't wait until you're deep into the transaction to start asking financing questions. Bring TTAL into the conversation early.

📞 888-76-TRUTH (888-768-7884) The Truth About Lending NMLS #1054357

🛡️ EVERY MISSION BEGINS WITH THE TRUTH.

For educational purposes only. Financing and documentation requirements vary by loan program, property, investor and individual transaction. All loans are subject to applicable underwriting and approval requirements.

09/01/2026

The Red Tape Monster is back. 😈
And this time, he didn’t come alone.
Special assessments. Reserve issues. Missing documents. Financing surprises.
The villains of condo financing are getting ready to make some noise across South Florida.
But the Guardians are coming.
🎬 New episode from The Truth About Lending drops tonight.
Follow us and see what happens when real condo-financing challenges become comic-book villains.

A beautiful condo unit doesn’t tell you the full story of the building. 🏢The Surfside collapse changed the conversation ...
09/01/2026

A beautiful condo unit doesn’t tell you the full story of the building. 🏢

The Surfside collapse changed the conversation around Florida condo safety and led to tighter attention on inspections, repairs, and building condition.

Today, a lender may ask whether the association has completed recent inspections and whether any major repair needs were identified.

These questions aren’t meant to create fear. They’re meant to identify risks before a loan closes.

Realtors should ask about inspections early. Buyers should understand that common-area and structural concerns can affect financing even when the individual unit looks perfect.

Not sure about your building's inspection status? Send us the condo name and we'll help you find out.



Call 888-76-TRUTH or visit thetruthaboutlending.com.
Loan approval required. Terms and conditions apply. Sujeto a aprobación de crédito. Aplican términos y condiciones. Licensed in FL. NMLS #1054357 | FL License .

The buyer may be approved. But is the condo approved? 🔍A full project review looks beyond the individual unit and examin...
08/31/2026

The buyer may be approved. But is the condo approved? 🔍

A full project review looks beyond the individual unit and examines the association itself.

The lender may need to review:
• The budget and reserves
• The master insurance policy
• Open or planned assessments
• Recent inspections
• Known repairs or litigation

These items can affect the loan even when the borrower’s financial file is strong.

The answer isn’t to avoid condos. It’s to check the building early and match it with the right financing path.

Don’t let the project review become a closing-week surprise.

Want to know if your building will pass project review? Send us the condo name and we'll take a look.



Call 888-76-TRUTH or visit thetruthaboutlending.com.
Loan approval required. Terms and conditions apply. Sujeto a aprobación de crédito. Aplican términos y condiciones. Licensed in FL. NMLS #1054357 | FL License .

One condo insurance requirement is being retired: inflation guard. 🛡️Inflation guard is a policy feature tied to changes...
08/30/2026

One condo insurance requirement is being retired: inflation guard. 🛡️

Inflation guard is a policy feature tied to changes in insured values. The updated guidance indicates it will no longer be required in the same way.

That creates some flexibility, but it doesn’t eliminate the need for a complete master-policy review.

The lender may still examine the overall coverage, deductibles, coinsurance, and other required protection.

Updated rules can remove one obstacle while leaving several other insurance questions in place.

Get the complete policy early and let the loan officer verify the details.

Want to know how the inflation-guard change affects your building? Send us the condo name and we'll check.



Call 888-76-TRUTH or visit thetruthaboutlending.com.
Loan approval required. Terms and conditions apply. Sujeto a aprobación de crédito. Aplican términos y condiciones. Licensed in FL. NMLS #1054357 | FL License .

Construction financing moves in stages. Plans, budget, appraisal, builder review, draw schedule, inspections, and conver...
08/30/2026

Construction financing moves in stages. Plans, budget, appraisal, builder review, draw schedule, inspections, and conversion strategy must work together. The loan should be designed around the build timeline from day one. 888.76.TRUTH | thetruthaboutlending.com

The Truth About Lending | Licensed in FL
NMLS #1054357 | FL License | Equal Housing Lender
[email protected]
Not a commitment to lend. All loans are subject to borrower, property, and program eligibility. Terms and programs are subject to change.

This condo may already have a lending history. 🔎A previous project review can provide useful clues about questions lende...
08/29/2026

This condo may already have a lending history. 🔎

A previous project review can provide useful clues about questions lenders have asked before.

That history doesn’t replace a current review, but it can help the loan officer understand where to focus—such as reserves, insurance, assessments, or project condition.

Before starting from zero, ask whether the condo has prior review information available through the project-management system.

One early check can help Realtors and buyers ask better questions before the contract clock is running.

Past information isn’t a guarantee. It’s a valuable starting point.

Want to see if your condo already has a review on file? Send us the building name and we'll check.



Call 888-76-TRUTH or visit thetruthaboutlending.com.
Loan approval required. Terms and conditions apply. Sujeto a aprobación de crédito. Aplican términos y condiciones. Licensed in FL. NMLS #1054357 | FL License .

A condo got flagged—and the buyer panicked 😬Before you assume it means “no loan,” we check 3 things:1. Too many rentals?...
08/28/2026

A condo got flagged—and the buyer panicked 😬

Before you assume it means “no loan,” we check 3 things:

1. Too many rentals?
If a building is heavily investor-owned, some lenders get cautious.

2. One owner controls too many units?
That can make the condo feel unstable on paper.

3. HOA or insurance issues?
Unresolved questions here can push a condo into non-warrantable territory.

A yes doesn’t always mean no loan. It just means we may need a different lender with the right comfort level for that property.

Want more details on your financing options? Click below. https://portal.mortgagecircles.com/webform/?preview=1CBhA4MIo4CN-fWeSO8-A5G7JYtl5hCj&template=1



Loan approval required. Terms and conditions apply. Sujeto a aprobación de crédito. Aplican términos y condiciones. Licensed in FL NMLS #1054357 FL License: thetruthaboutlending.com

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