Does refinancing actually exist?New Construction in 2007 in SF. Non Warrantable cause the builder still owns 11% of the units, possibly the Below Market Rate units and commercial spaces. I find it hard to believe that its impossible to refinance. by john_sf from San Francisco, California. Jan 6th 2013
We have some programs that will refinance Non-Warrantable Condos. Get into touch with me. P: 888-320-7888 www.MortgageWholesale.net - Ken Burrows
Yes, it can be done. There are couple options but getting it warrantable would be easiest. Non-warrantable condo loan programs are rare but they are available. You'll need to make some phone calls to some LOCAL brokers to see if they have the program available to them and I am sure someone will answer on here that does offer the program. Talk to those that do have it.
Would it be possible to have a Condo Questionnaire completed to review this in more detail? If so, I am happy to see what we can offer on a refinance for your situation. We are a Federally Chartered Bank and have access to a variety of loan programs through our own products and those from other partnering lenders in our correspondent lending program. Please visit my profile and email me directly to reply if you'd like. Thank you!
You should have a wide range of lenders right there in CA that can help you. Be sure to get a few quotes.
Yes that is possible. Depending on if there is any litigation in the complex against the developer. Of there isn't you can get this done with a Fannie Mae direct lender like us.
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