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Jun 09, 2021 (0) comment

You are not required to put 25% down on a condo. You may qualify with as low as 3% down.

When putting less than 25% down on a Condo, the condo goes through a “Full Condo Review”. See attached the checklist of what documents are required for the Full Condo Review. Realtors can obtain copies of the Condo Approved Budget for the current year from the seller upfront to assure the condo will meet the minimum 10% reserve requirement. Although additional information is required to pass the Full Condo Review, the budget is a good first step before going into contract.

Presenting Customized Mortgage Solutions with Competitive Rates. I have been in the mortgage industry for over 17 years. Through my career I have perfected all aspects of the process including but not limited to processing, underwriting, and closing of residential loans. I am a performance-driven person. My team and I pride ourselves on transparency and communication throughout the process to all parties involved. We close on time and create raving fans one loan at a time through consistent A Class Customer Service and stress free experiences. Let me create a raving fan of you. Call me today and work with a true professional and my team of professionals dedicated on making the home buying experience an exciting and pleasurable one for everyone.

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