First United Bank offers the ability for borrower(s) to buy condominiums in projects that do not meet the standards required by FNMA, FHMLC and most Jumbo investors.
The Non-Warrantable Portfolio loan allows loans with the following characteristics (along with others not listed) that are less stringent than standard Agency requirements:
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!