Non-Warrantable Condominiums
First United Mortgage Group offers financing for jumbo and conforming loan balances on condominiums that are not Fannie Mae® eligible based. Condominium projects must meet FNMA guidelines unless listed below. Additional restrictions may apply.
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Investment concentration in the project up to 60%
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Single owner may own up to 25% of the units
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Commercial space may occupy up to 40% of the project
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Condotels (restrictions apply)
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HOAs without a 10% reserve contingency
First United offers competitive pricing and terms on the Non-Warrantable Condominiums. Contact your local Mortgage Loan Consultant to find out more information on this exciting product!
This is not an offer for extension of credit or commitment to lend. All loans subject to program guidelines and final underwriting approval. Not all applicants qualify. Information and pricing are subject to change at any time and without notice. This offer cannot be used in conjunction with any other promotion. The content in this advertisement is for informational purposes only. Consult your mortgage loan consultant for further information. If any other entities are mentioned in this advertisement, they are not an affiliate of First United Bank or First United Mortgage Group. NMLS 400025. Copyright © 2024 First United Bank. All Rights Reserved.