Non-Warrantable Condos
Non-warrantable condos can be a great investment opportunity, but they can also be challenging to finance due to their unique characteristics. At MAI, we specialize in providing financing solutions for non-warrantable condos, with flexible underwriting guidelines and competitive rates.
- LTVs up to 80% for owner occupied
- LTVs up to 75% for investment properties
- Loan amounts: Between $100k -$1.5mm
- Bank statements 12 & 24 months allowed
- FICOs: Down to 660
- DTI: Up to 50%
- Unlimited number of financed properties
- 2 years out of bankruptcy
- 2 years out of short sale or foreclosure
