Blog Category: condo mortgage

small condominium

2-4 Unit Condos Are Easier To Get A Mortgage Loan For

Condo financing can be tricky, but with small 2 to 4 unit condos it has gotten easier. In some urban markets a multifamily home is converted to condominiums. For example, a duplex is turned into two condominium units. Or a triplex is turned into three condominium units. Or a fourplex is turned into four condominium units.

There is required condominium project review that needs to be done on most condominiums. But that is waived on condos that don’t consist of more than four units. Read More