looking for financing for purchase of a non owner occ unwarrantable condo due to low owner occ. in Ca.

Just a note of caution.. Banks are very in tune with what is risky and what is not.. the fact that a lender will not lend on a condo should be the same reason you should avoid buying one.. When a condo is declining in value, it makes it attractive for investors.. most owners don't like living with a bunch of renters, so they sell, leaving more properties open for investors.. all this drives down the price of the property.. since the lender cannot predict when this cyclone will stop and turn around, they cut off financing when the ratio is below a certain percentage.. usually 50%.. I've been investing in RE in AZ for 30 years.. I avoid condo's at all costs.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

I can help you if you cant find a lender. 50% Down for Non Owner

We offer non warrantable loans on non owner occupied condos. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803

Ooh a bit tough. Check with a local broker that uses Santander

Try local community banks, ask if they have a portfolio loan option.