Buying A Condo – Ask These 6 Questions First | Bankrate.com – Fannie Mae, Freddie Mac and the federal housing administration, which buy or insure most mortgages, do not approve condos with delinquency rates above 15 percent.

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Condo Financing is Different | Money Under 30 – Condo Financing is Different. By Sarah Davis April 27, 2011.. When you buy a condo, however, the bank considers additional factors such as:. These so-called "spot approvals", however, are long gone, meaning FHA condo buyers have far fewer options.

Warrantable & non-warrantable condo mortgage rules updated – Demand for condos is increasing nationwide and getting approved for a mortgage just got a little easier. How to qualify, plus access to today’s rates.

Condo vs Townhouse – Difference and Comparison | Diffen – Condo vs Townhouse comparison. A condominium, or condo, is a type of housing wherein a very specific part of a larger property – almost always an apartment within a complex – is privately owned by the homeowner, while all other connecting areas of the complex are communally.

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3 Reasons to Buy a Condo – and 3 Reasons to Beware | Personal. – 3 Reasons to Buy a Condo – and 3 Reasons to Beware Before you commit to owning a home, consider factors like maintenance fees and proximity to neighbors.

5 Questions to Ask Before Buying a Condo in New York – How Long Does the condominium approval process Take? The approval process varies greatly from building to building-especially in New York City.

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Buying After a Short Sale or Foreclosure – After a short sale or foreclosure, how long must you wait before you can buy a home again? Here are the guidelines for getting loans.