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March 18, 2013

Non Warrantable Condo Financing – Options are Opening up!!

Filed under: Center City Real Estate,For Buyers,Of Interest to Buyers — Center City Philadelphia Real Estate Agent @ 11:26 am
In the past 5 years or so, Fannie Mae has come up with rules that have made it nearly impossible to finance
various condos that they believe to be high risk. Though their rules have not changed, we are beginning to see some
lenders venture into the previously uncharted (difficult to finance) waters.
So should you be looking at a condo that Fannie Mae deems to be unwarrantable, here is a lender that may
now be able to help. This is huge- And a huge benefit to those buyers and sellers looking for options.
Here is my top secret source:
Tony Bomis
Residential Mortgage Banker
Susquehanna Bank- Mortgage Division
301 W. Lancaster Avenue
Wayne, PA 19087
Direct Cell (610)389-1590
Efax (610)628-6262
Tony.Bomis@susquehanna.net


 

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