09/01/2026
🚨 CONDO FINANCING JUST CHANGED 🚨
As of August 3, new conventional condo financing changes make it more important than ever to understand not just the buyer, but the building itself.
Depending on the loan and project, lenders may need to review:
🏢 Building financials & budget
💰 Reserve funding
🛡️ Insurance
📋 Special assessments
🔨 Repairs & structural issues
✅ Overall project eligibility
The good news? You have options.
If a condo doesn’t meet conventional warrantable requirements, that doesn’t necessarily mean financing is impossible. Working with a lender experienced in both warrantable and non-warrantable condos allows you to compare lending solutions and find the best path forward.
Even more importantly, performing condo due diligence upfront can help buyers and their Realtors understand what they’re getting into before going under contract, rather than discovering potential financing or building issues later in the transaction.
Big THANK YOU Vazquez with David Siddons Group for hosting and breaking down these important changes and what they could mean for buyers, sellers, Realtors and condo owners.
👉🏼 Click below to watch the full episode and learn more!
▶️ https://m.youtube.com/watch?v=qF2whkG1ci0&ra=m