20 Feb 2025 Fannie Mae’s Naughty List – California Non-Warrantable Condo List Our team has compiled a list of non-warrantable condos – those flagged by Fannie Mae or identified through our local expertise. We specialize in financing these challenging properties and have the knowledge to navigate them to a successful closing. 🔹 Download the Full California Condo List (First 700+ Properties) 🔹 Santa Clarita […] Share on Facebook Share on Twitter
18 Feb 2025 Making an Offer on a Flipped Property: Navigating ... As real estate agents, you know that flipped properties can be a great buyer opportunity. However, navigating the financing landscape for these homes can be tricky, as different loan types have unique guidelines. Understanding these nuances is crucial for helping clients make informed offers and avoid potential roadblocks. Let’s break down what you need to […] Share on Facebook Share on Twitter
13 Feb 2025 Cracking the Condo Code: What Lenders Look For (In... We’ve talked about the general condo financing landscape, but let’s dive deeper into what lenders need to get your client a loan on a condo. Think of this as a behind-the-scenes look at the condo approval process. Remember, detached condos are different and only need master insurance review for sufficiency. The Lender’s Deep Dive: […] Share on Facebook Share on Twitter
11 Feb 2025 Mike’s Mid Day Mortgage Update Stop Your Buyers from Saying “I’ll Just Rent Forever!” (And Close More Deals) As real estate agents, you’ve all heard it: the discouraged buyer who throws their hands up and declares, “I’ll just rent forever!” They get overwhelmed by the numbers, the interest rates, and the perceived mountain of debt. Sound familiar? Worse yet, they […] Share on Facebook Share on Twitter
6 Feb 2025 A few Fannie Guidelines Happy Thursday! Sometimes, I want to dive deep into my Fannie Mae Brain and blurt out a few guidelines. It could be the nerd in me, or it could help you get a new deal or save you some time. Fannie Mae Allows Certain Non-Warrantable Condos – But Only with Exceptions Most people assume […] Share on Facebook Share on Twitter