Financing a Condo – Less is More

Financing a condo is more complex than financing a single family home.  Why you ask?  Arizona Mortgage Lender's must see that the condo project itself is eligible for financing. Just how complex is condo financing?   The answer depends upon a myriad of factors.   However, let's condense it down to the simplest version of an explanation.  First, financing a condo using a Conventional home loan requires 1 of 2 condo review processes.  Those processes are: Limited Review Full … [Read more...]